Tag: gas

Sindh accelerates digital governance drive as CM Murad Shah oversees expansion of e-stamping system730,000 challans processed, Rs12.8 bn collected through e-Stamping platform

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New-Project108

KARACHI (March 17): Sindh Chief Minister Syed Murad Ali Shah launched an expanded push for digital governance in the province, describing technology-driven reforms as central to building a transparent, efficient and citizen-centric government, as he presided over the signing ceremony for the e-Stamping system.The ceremony held at CM House was attended by Provincial Ministers Dr Azra Fazal Pechuho and Syed Sardar Shah, SACM Ali Rashid, Spokespersons Nadir Gabol and Buland Junejo, Chief Secretary Asif Hyder Shah, Chairman P&D Najam Shah, and Senior Member Board of Revenue Khalid Hyder Shah, Secretary…

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“Oil from Yanbu to Karachi Will Take 9 Days, Triple Strait of Hormuz Route; Country Braces for Energy Crunch”

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New-Project107

Karachi, March 17, 2026: Pakistan is preparing for a critical delivery of crude oil to Karachi Port as the second oil tanker, carrying 70,000 metric tons, is expected to arrive via Saudi Arabia’s port city of Yanbu in the next three days. According to sources at Energy Update, the tanker’s chosen route is significantly longer than the traditional passage through the Strait of Hormuz, taking approximately nine days instead of 2.5 days. Officials note that while this extended route increases transportation costs, it is necessary to ensure uninterrupted energy supply…

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IMF Rejects Pakistan’s Request for Relief on Captive Power Gas Levy

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Gas-IMF

ISLAMABAD: The International Monetary Fund has turned down Pakistan’s request to freeze the 15 per cent additional gas levy on captive power plants (CPPs) and to grant exemptions to efficient industrial units, dealing a setback to the government’s efforts to ease pressure on industry. During ongoing review talks, the government proposed maintaining the current levy rate and excluding industries that undergo gas efficiency audits. However, the IMF rejected both proposals, insisting that the levy should remain a key policy tool to discourage industries from generating in-house electricity using gas. The…

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No LNG Availability in the Country After April 14: Petroleum Secretary

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China-LNG

Islamabad: The Petroleum Secretary has announced that LNG will not be available in the country after April 14, which will result in the power sector’s gas requirements not being fully met in April. The announcement came during a meeting of the Senate Standing Committee on Petroleum, chaired by Senator Manzoor Ahmed, which reviewed petroleum product prices and availability across the country. During the briefing, the Petroleum Secretary stated that supply of petroleum products has been affected due to tensions in the Middle East. Pakistan imports nearly 70% of its petroleum…

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Iran Holds Key to Reopening Global Energy Markets Amid Gulf Conflict

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New-Project105

DUBAI/BAGHDAD: The ongoing Gulf conflict has shifted the balance of influence in global energy markets, with Iran emerging as a central player in determining when normal oil and gas flows may resume. The shift became evident after Saudi Aramco informed its global oil buyers in a letter this week that it was uncertain which port would be used for April crude exports. According to the communication, shipments could be routed through the Red Sea or still originate from Gulf terminals, reflecting growing uncertainty caused by the shutdown of the Strait…

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