Category: Popular News

Federal Minister for Petroleum Visits PSO House to Engage with Key Energy Stakeholders

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Petroleum

Karachi, May 29, 2025 — Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, accompanied by Mr. Zafar Abbas, Additional Secretary Petroleum, Ministry of Energy (Petroleum Division), Director/ Deputy Secretary Waqas Ahmed Barlas, visited Pakistan State Oil (PSO) House today as part of a strategic outreach to key stakeholders in the petroleum sector. They were received by Chairman of the PSO Board of Management, Mr. Asif Baigmohamed, and Mr. Abdus Sami, Chief Supply Chain Officer and current officiating the Managing Director’s office, PSO, along with senior members of the PSO leadership…

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Pakistan Pavilion Captivates Expo 2025 Osaka with Theme Inspired by Pink Rock Salt: Jam Kamal

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Jam-Kamal

OSAKA (Japan): Pakistan’s Pavilion at Expo 2025 Osaka is gaining global attention with its striking theme, “Universe in a Grain of Salt,” inspired by the country’s unique natural treasure — pink rock salt from the Salt Range. This was highlighted by Federal Commerce Minister Jam Kamal Khan during a media briefing at the Expo. Addressing local and international media, Jam Kamal outlined Pakistan’s vision for participating in the world expo, emphasizing themes of sustainability, cultural harmony, and economic opportunity. He asserted that Pakistan must not stay absent from global platforms…

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Consumers to Shoulder Losses as Nepra Allows K-Electric to Recover Billing Shortfalls Through Tariff

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Your-Bill

ISLAMABAD: In a significant policy shift, the National Electric Power Regulatory Authority (Nepra) has approved K-Electric’s request to factor in unrecovered bills into its consumer tariff, starting with a recovery shortfall of 6.75% in FY2023-24 and gradually reducing to 3.5% by FY2029-30. This decision sets K-Electric’s base tariff at Rs40 per unit for FY24 — nearly 40% higher than the national average of Rs28 per unit. The gap will be bridged through tariff differential subsidies from the federal budget, increasing the burden on taxpayers. Unlike the public sector distribution companies…

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SNGPL Flags Unfair Application of Grid Levy, Seeks Government Action

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SNGPL-Office

ISLAMABAD: Sui Northern Gas Pipelines Ltd (SNGPL) has raised alarms over the uneven enforcement of the newly imposed grid levy on gas supplied to industrial captive power plants (CPPs), alleging that private suppliers are bypassing the levy and distorting the gas market to the detriment of state-owned utilities. In a letter to the Ministry of Energy, SNGPL highlighted that while it is compelled to supply gas and re-gasified LNG to CPPs at a significantly higher cost due to IMF directives, private third-party shippers — notably the Universal Gas Distribution Company…

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Govt to Contest Nepra’s ‘K-Electric Friendly’ Rulings Over Tariff, Licences

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New-NEPRA

ISLAMABAD: The federal government has raised strong objections to recent decisions by the National Electric Power Regulatory Authority (Nepra) that allegedly favour K-Electric, vowing to challenge these rulings for being detrimental to public interest, consumer affordability, and taxpayer burden. Power Minister Awais Leghari, in a rare public rebuke of the regulator, voiced concerns over a series of determinations involving K-Electric’s generation, transmission, distribution, and supply licences, as well as its upcoming multi-year investment and tariff plans. “These rulings have far-reaching implications for consumer tariffs and federal subsidies under the uniform…

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