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Neelum Jhelum plant’s closure: Consumers pay Rs 350m daily
The closure of the Neelum Jhelum power plant puts an additional daily burden of Rs 350 million on power consumers as a result of the increased reliance on…
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ECC to allocate 68mmcfd gas to FatimaFert
Ibn-e-Ameer Economic Coordination Committee (ECC) is set to allocate 68 mmcfd gas from Mari field to FatimaFert Plant to boost urea production. Meanwhile, Fatimafert will switch…
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PM announces Rs 40.54 per litre cut in diesel price
Prime Minister Shahbaz Sharif announced on Thursday a reduction of Rs 40.54 per litre for diesel fuel. Due to its use in the transport and agricultural…
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SNGPL Financial Results: Company earns Rs 15.8b profits for 2020-21
SNGPL financial results have been remarkable as the management of the company has made efforts
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Petrol Price up by Rs 14.85, diesel Rs 13.23 per litre
The government has increased the price of petrol by Rs 14.85 per litre by imposing a petroleum levy (PL) on petroleum products. The new prices will…
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Why Import when local Refiners can produce & save billions of dollars?
Research Report On one hand, it is clear that the major local industry in the country, the refining sector, needs a boost from the government. The…
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Finance Minister to resolve issues of CNG industry
Federal Minister for Finance and Revenue Miftah Ismail on Tuesday assured the Compressed Natural Gas (CNG) industry of his maximum support for resolving the problems being…
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Inventory Gains: PSO Profits to go up further
The profits of Pakistan State Oil (PSO) are likely to go up further following inventory gains and a possible reduction in turnover tax. Inventory gains have…
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Diesel Prices in Pakistan may rise by Rs 17 per litre
The government is likely to increase the prices of diesel in Pakistan by up to Rs 17 per litre following a price hike globally effective from…
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PIA to pay Rs 9.3b on acquiring 4 aircraft on lease
Pakistan International Airlines Corporation Limited (PIA) has acquired four A-320 aircraft on a dry lease basis for a period of 72 months at a cost of…