Category: Shortcode

Islamabad. A high-level meeting was held Federal Minister for Petroleum Ali Pervaiz Malik and Mr. Ali Taha Al-Temimi, Country Manager of KUFPEC (Kuwait Foreign Petroleum Exploration Company) and chairman of the Pakistan Petroleum Exploration & Production Companies Association (PPEPCA). The meeting focused on strengthening collaboration in Pakistan’s oil and gas sector, enhancing exploration activities, and addressing key challenges to enhance exploration activities in Pakistan. During the discussions, Minister Ali Pervaiz Malik emphasized the government’s commitment to facilitating foreign and local investors in the petroleum sector. He highlighted ongoing reforms aimed…

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ISLAMABAD: Pakistan has diverted its fifth long-term LNG cargo—originally scheduled for June 2025—to the international market, a senior official from the Petroleum Division confirmed. This follows the earlier diversion of four LNG cargoes due in February, March, April, and May, all part of a 15-year supply agreement with Italian energy firm ENI. Under the contract, Pakistan LNG Limited (PLL) is entitled to receive one cargo per month at a price linked to 12.14% of Brent crude. The diversions are based on a request made by Sui Northern Gas Pipelines Limited…

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ISLAMABAD: The Public Accounts Committee (PAC) convened a closed-door meeting on Tuesday, chaired by MNA Junaid Akbar Khan, to address the contentious removal of electricity meters from the residence of PAC member Sanaullah Khan Mastikhel. The incident, carried out by officials of Faisalabad Electric Supply Company (FESCO), had previously disrupted committee proceedings in protest. During the session, the Power Secretary confirmed that FESCO had formally apologised to both the committee and Mr Mastikhel. “The necessary briefing has been given; the decision now rests with the committee,” he stated before exiting…

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