ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has successfully commenced oil and gas production from the Bettani-2 appraisal well in the Lakki Marwat district of Khyber Pakhtunkhwa. OGDCL, as the operator of the Wali Exploration License with a 100% working interest, has completed and stimulated the Kawagarh formation. The well is currently producing 8.5 million standard cubic feet per day (MMSCFD) of gas and 610 barrels per day (BPD) of oil. The produced gas is being processed at OGDCL’s Bettani processing plant and…
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KE removes over 1,000 illegal connections
KARACHI: K-Electric (KE) conducted an anti-power theft drive in Gulistan-e-Jauhar, Karachi, alongside a facilitation camp to enhance customer engagement and service accessibility. With the support of law enforcement agencies, KE successfully removed over 1,000 illegal connections (kundas), weighing approximately 1,700 kg, from its infrastructure. These illegal connections were responsible for an estimated annual theft of 6.5 million units of electricity. Since the beginning of January 2025, KE has organized over 40 facilitation camps across Karachi in areas such as Garden, Bahadurabad, New Karachi, Shah Faisal, Surjani, and Malir. These camps…
Read MoreSaudi Arabia Remains Top Travel Destination for Pakistanis with 100% Growth in 2024
KARACHI: Saudi Arabia continues to be one of the most favored international destinations for Pakistani travelers, experiencing a remarkable 100% year-on-year growth, according to travel mobile application Wego. This surge in demand aligns with Saudi Arabia’s Vision 2030 initiative, which aims to boost the Kingdom’s tourism industry through ambitious mega-projects. As the home of Islam’s two holiest cities, Makkah and Madinah, Saudi Arabia holds immense religious significance for millions of Muslims, particularly Pakistanis, who travel frequently for religious tourism, as well as for work and residence. The Kingdom’s tourism sector…
Read MoreMNAs’ Salaries to Increase from January 1 After Nine Years
Islamabad: The National Assembly’s finance committee, chaired by Speaker Sardar Ayaz Sadiq, has approved an increase in Members of the National Assembly (MNAs) salaries, effective January 1, 2025. The decision, signed by the speaker after approval from the prime minister, marks the first salary hike in nine years. Under the revised structure, MNAs will now receive a monthly salary of Rs519,000, aligning their pay with that of a federal secretary. However, the salaries of the Speaker and Deputy Speaker will remain unchanged
Read MoreNepra Takes Suo Motu Notice of PPIB’s $300/MW Tariff Approval
Islamabad: The National Electric Power Regulatory Authority (Nepra) has taken suo motu notice of the Private Power Infrastructure Board’s (PPIB) decision to impose charges of up to $300 per megawatt (MW) on electricity consumers for its project facilitation services in power generation, transmission, and distribution. Nepra has scheduled a public hearing on February 13, 2025, to assess the legality and impact of these charges. PPIB seeks to collect a $250–300 per MW annual fee on 19,677MW of installed electricity capacity from projects it has processed and facilitated. The government, which…
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