Author: Admin

LNG shortage may affect power sector gas supply in April, Senate told

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lng

Summary Pakistan may face LNG shortage after Apr 14, officials told a Senate panel. Middle East tensions have disrupted supplies, fuel prices surged, and gas to power sector has dropped from 300 to 130 MMCFD ISLAMABAD (Dunya News) – Liquefied natural gas (LNG) will not be available in the country after April 14, which may create difficulties in meeting the gas requirements of the power sector during April, official told it to the Senate Standing Committee on Petroleum. The committee meeting was held under the chairmanship of Senator Manzoor Ahmed,…

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Pakistan has 27-Day Petrol, 21-Day Diesel Stocks as Mideast crisis disrupts energy supply

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petrol-prices-1200.psd

Pakistan maintains 27 days of petrol and 21 days of diesel stocks despite disruptions from the Mideast crisis. The government is exploring alternative fuel imports. ISLAMABAD: Pakistan currently has petrol stocks sufficient for 27 days and diesel reserves for 21 days despite disruptions in global supply chains caused by the escalating Middle East conflict, Petroleum Secretary Hamed Yaqoob Sheikh told a parliamentary panel on Monday. Briefing the Senate Standing Committee on Petroleum, Sheikh said the country also had liquefied petroleum gas (LPG) reserves for nine days and aviation fuel (JP-1) stocks…

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No LNG Availability in the Country After April 14: Petroleum Secretary

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China-LNG

Islamabad: The Petroleum Secretary has announced that LNG will not be available in the country after April 14, which will result in the power sector’s gas requirements not being fully met in April. The announcement came during a meeting of the Senate Standing Committee on Petroleum, chaired by Senator Manzoor Ahmed, which reviewed petroleum product prices and availability across the country. During the briefing, the Petroleum Secretary stated that supply of petroleum products has been affected due to tensions in the Middle East. Pakistan imports nearly 70% of its petroleum…

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Power Generation Merger Faces Bureaucratic Hurdles in Power Division Pakistan

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Power-Division1

ISLAMABAD: A planned restructuring of state-owned power generation companies has encountered resistance within the bureaucratic setup of the Power Division Pakistan and its subordinate entities, delaying efforts to merge several outdated power plants into the National Power Parks Management Company (NPPMC). Sources said the reform plan—endorsed by the National Task Force on Energy and Federal Power Minister Sardar Awais Ahmed Khan Leghari—aims to consolidate oil-based and redundant generation companies (Gencos 1 to 4) into NPPMC. The initiative is part of broader power sector reforms designed to reduce electricity tariffs and…

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Oil Price Shock Could Cut Pakistan GDP by Up to 1.5%, Experts Warn

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Oil prices

KARACHI: Prolonged high global oil prices triggered by the ongoing Middle East conflict could reduce the GDP of Pakistan by 1 to 1.5 percent if crude prices remain around $100 per barrel or higher, according to former finance minister Hafiz Pasha. Pasha warned that the most severe impact would be felt in Pakistan’s external sector, where the country could face a negative shock of $12–14 billion over the next year. The surge would be driven largely by petroleum imports, which may rise by 25–30 percent as global oil prices climb.…

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