The present Pakistan Muslim League (Nawaz)-led federal government during its first year in power has been able to reduce the average electricity rate for consumers in Pakistan by 4.96 per kwh.The Power Minister, Awais Ahmed Khan Leghari, disclosed this in his presentation before the recently convened special meeting of the federal cabinet to review the one-year performance of the government…
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In a recent podcast with famous host Sohail Iqbal Bhatti, senior journalist Syed Khalid Mustafa brought to light critical concerns regarding the appointments made by the government to the Board of Directors of Sui Northern Gas Pipelines Ltd (SNGPL). Mustafa asserts that these appointments lack merit, ultimately hindering SNGPL’s ability to fulfill its fundamental charter and objectives without incurring further…
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Khyber Pakhtunkhwa Governor Faisal Karim Kundi met with WAPDA Chairman Lieutenant General (retd) Sajjad Ghani to discuss various ongoing and upcoming water projects in the province. The meeting also included Ahmad Karim Kundi, Parliamentary leader of Pakistan Peoples Party (PPP) in Khyber Pakhtunkhwa Assembly. The projects discussed during the meeting included: The WAPDA chairman assured the governor that all projects…
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OGRA Urged to Convene Meeting on ‘Take or Pay’ ClauseIslamabad: Pakistan’s five refineries have requested the Oil and Gas Regulatory Authority (OGRA) to convene a joint meeting with oil marketing companies (OMCs) to discuss and agree on the ‘take or pay’ clause in sales purchase agreements (SPAs). In a letter signed by the Managing Directors of Pak-Arab Refinery Company Limited…
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His Excellency Avazbek Atakhanov, Ambassador of Kyrgyzstan to Pakistan, called on Federal Minister for Power, Sardar Awais Ahmed Khan Leghari.During the meeting, discussions focused on strengthening bilateral relations, with a emphasis on energy cooperation between the two countries. Both sides reaffirmed their commitment to expanding collaboration in key sectors, especially in the power sector.Federal Minister Sardar Awais Ahmed Khan Leghari…
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According to sources from the Ministry of Foreign Affairs, between September 2023 and January 2025, 4,740 Pakistani prisoners who had completed their sentences in various UAE jails were deported. Additionally, 5,800 other Pakistani citizens were deported due to various crimes during the same period. The UAE has been cracking down on Pakistani citizens, with many countries worldwide imposing restrictions on…
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TEHRAN Iranian lawmakers on Sunday gave a vote of no confidence to the minister of Economic Affairs and Finance, terminating the term of Abdolnaser Hemmati 193 days after he took office. Hemmati attended an open session of the Parliament on Sunday and took the podium to answer the questions of a number of lawmakers, complaining about his ministry’s performance and…
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ISLAMABAD, February 28, 2025: The Board of Directors of Oil & Gas Development Company Limited (OGDCL), in its meeting held on February 28, 2025, approved the financial results for the half-year ended December 31, 2024. The Board has declared an interim cash dividend of Rs 4.05 per share, marking the highest-ever quarterly dividend in the Company’s history. This brings the…
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Islamabad, February 28, 2025: The Oil and Gas Regulatory Authority (OGRA) has notified the maximum Price of LPG, effective March 01 2025, as under; Notified LPG Producer prices Rs. / Ton Rs / 11.8 kg Cylinder March-2025 ( w.e.f 01-03-2025) 206,523.15 2,436.97 February -2025 212,672.54 2,509.54 Increase / (Decrease) (6,149.39) (72.57) Notified LPG…
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By the grace of Almighty Allah, Mari Energies Limited (formerly Mari Petroleum Company Limited) is pleased to announce gas discovery resulting from its exploratory efforts at Spinwam-1 exploration well, drilled in Waziristan Block, located in North Waziristan district, KPK Province. Mari Energies is the Operator of Waziristan Block having 55% working interest along with OGDCL and OPI as joint venture…
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