As the smuggled Iranian oil floods Pakistan’s markets over weak government control because of dollar deficiency, diesel stocks have leaped to the notable degree of 46 days of utilization, pushing the country’s biggest treatment facility, Pak-Middle Easterner Processing plant Restricted (Parco), towards closure.
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With Effect From Jan 1 2023: Category-Wise Consumer Gas Prices Revised by Govt
The federal government revised the category-wise consumer gas prices with effect from January 1, this year, to meet incomes of Sui organizations during current monetary year and to stay away from stream of roundabout obligation and
Read MoreJudgement on Reducing KE’s Subsidy Reserved
Amid consumers’ opposition, the National Electric Power Regulatory Authority (NEPRA) saved judgment on the public authority’s solicitation for decreasing power sponsorship by about Rs20 billion through about Rs6.02 per unit expansion in K-Electric’s customer end tax from April to June.
Read MoreFire Rips Through Chinese Camps at Dasu Dam
Dasu hydropower project’s warehouses and residential camps of Chinese engineers and workers were gutted in a heavy fire in the Barseen area of Lower Kohistan in the wee hours on Tuesday.
Read MorePSO’s Receivables Surge To All Time High of Rs742.3b
Pakistan State Oil (PSO) is confronting a monetary emergency in the midst of the progressing drop of the Pakistani rupee against the US dollar. The organization has booked cases of Rs6.7 billion against gas Utility-Sui Northern Gas Pipeline Restricted (SNGPL) for the stockpile of Melted Petroleum gas
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