Author: Admin

Pakistan pitches Sindh’s mega projects to Indonesian investors

Admin
Indonesian investors

July 14, 2026 (MLN): Pakistan on Tuesday showcased Sindh’s expanding investment landscape to Indonesian businesses, highlighting major upcoming projects including the development of Keti Bandar Port, the establishment of a Sindh International Facilitation Centre in Karachi, and AI-enabled data centres powered by affordable energy. Speaking after the Indonesian–Pakistan Investment & Business Forum, Sindh Chief Minister Syed Murad Ali Shah said Sindh offered vast investment opportunities in infrastructure, logistics, renewable energy, information technology, manufacturing and agribusiness. He expressed confidence that the forum would pave the way for stronger economic cooperation and tangible…

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Pakistan’s LPG industry has issued a three-day ultimatum to the government, warning of a nationwide strike next week if concerns over pricing, security, and regulatory policies remain unresolved.

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LPG prices down

At a conference in Lahore attended by over 1,000 industry stakeholders, participants accused regulators of contributing to the LPG supply and pricing crisis. Industry representatives called for revised pricing mechanisms, improved security for transporters, action against substandard cylinders, and an end to what they described as unnecessary regulatory hurdles. Stakeholders also raised concerns over rising security risks in Balochistan and approved a joint Charter of Demands, warning that failure to address their issues could disrupt LPG supplies across the country.

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Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels

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OIl-Price

HOUSTON: Oil prices settled up more than 9% on Monday at a one-month high after news that a United States’ naval blockade due to begin on Tuesday will cover Iran’s entire coastline, ports and oil terminals, as well as all vessels regardless of flag, reigniting concerns over energy shipments through the Strait of Hormuz.Brent crude futures settled up $7.29, or 9.59%, to $83.30, while US West Texas Intermediate crude settled up $6.73, or 9.42%, to $78.14 a barrel. Brent futures posted their biggest single-day dollar gain since April 2, and…

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BESS key to Pakistan’s energy transition, grid stability: Leghari

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New-Project233

ISLAMABAD:Federal Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari on Saturday said BESS would play a pivotal role in Pakistan’s energy transition by enhancing grid stability, supporting greater integration of renewable energy and paving the way for widespread adoption of electric vehicles (EVs). Addressing the Battery Energy Storage Systems (BESS) Conference organized by Pakistan Solar Association in Lahore, the minister said battery storage had become an essential component of modern power systems as Pakistan’s electricity sector undergoes a fundamental transformation driven by the rapid expansion of distributed solar…

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