Category: Latest News

KARACHI: The Directorate of College Education Karachi Region has imposed a complete ban on tree cutting in government colleges across the city and issued strict directives to prevent unauthorized disposal of government property and encroachments on college land. According to an official notification issued by Regional Director Colleges Karachi Gulab Rai, principals of all government colleges in the Karachi region have been instructed to ensure that no trees planted on college premises are cut under any circumstances. The directive also emphasised the proper maintenance and protection of green spaces within…

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LONDON: A second Qatari liquefied natural gas (LNG) tanker is heading to Pakistan through the Strait of Hormuz, days after the successful passage of the first cargo under a special arrangement involving Iran and Pakistan amid continuing regional tensions. According to LSEG shipping data, the LNG vessel Mihzem, carrying 174,000 cubic metres of LNG, departed from Ras Laffan in Qatar and is currently transiting the Strait of Hormuz toward Port Qasim in Pakistan. The tanker is expected to arrive on May 12. The shipment marks the second successful transit of…

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ISLAMABAD: The government has revived efforts to implement Pakistan’s long-delayed petroleum refining policy after regional tensions and potential disruptions in the Strait of Hormuz exposed the country’s heavy dependence on imported petroleum products. The renewed urgency follows the escalating US-Iran conflict, which has sharply increased Pakistan’s oil import bill and highlighted vulnerabilities in external fuel supply chains. Officials estimate the country is losing nearly $2 billion annually in foreign exchange due to the import of refined petroleum products instead of processing crude oil domestically. During a recent meeting with refinery…

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ISLAMABAD: Pakistan LNG Limited (PLL) has rejected bids for two spot liquefied natural gas (LNG) cargoes after suppliers quoted unusually high rates, a move expected to save the country between $22 million and $50 million through alternative lower-cost arrangements with Qatar. During a briefing to the Senate Standing Committee on Petroleum, officials informed lawmakers that one LNG cargo was scheduled to arrive at Karachi Port on Tuesday, while another Qatari LNG tanker, Mihzem, carrying 174,000 cubic meters of LNG, was transiting through the Strait of Hormuz toward Port Qasim. Federal…

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ISLAMABAD: The government collected over Rs1.2 trillion from consumers under the petroleum levy during the first nine months of the current fiscal year, while more than Rs35 billion was recovered through the Climate Support Levy (CSL), according to official documents. Records show that petroleum levy collections remained consistently high throughout the fiscal year. The government collected Rs145 billion in July 2025, Rs115 billion in August, Rs111 billion in September, Rs145 billion in October, Rs151 billion in November, Rs157 billion in December, Rs124 billion in January 2026, Rs120 billion in February,…

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