The SSGC, FFBL GSA has been extended until December 31, 2025, for the supply of 68 mmcfd of gas. The Managing Directors of Sui Southern Gas Company Limited (SSGC) and Fauji Fertilizer Bin Qasim Limited (FFBL) signed the Third Addendum to the Gas Supply Agreement (GSA) on January 4, 2023, at SSGC’s head office in Karachi….
Pakistan oil sales in December 2022 decreased by 14% MoM to 1.34 million tons, mainly due to a seasonal trend of slowdown in December, lower demand for furnace oil for power generation, and an overall slowdown in the economy. This is the lowest monthly sales number since the first COVID lockdown period of February–April 2020….
By Newztodays Team Toyota Yaris is a good brand of Indus Motor Company. The company has recently slashed the price of Yaris in Pakistan up to Rs 133,000. The company has reduced the price of Toyota Yaris 1.3 MT by Rs73,000 which amounts to Rs4,326,000 now. It has also reduced the price of 1.3 CVT…
In Pakistan, there are now 10,000 Jolta electric bikes on the road. This is part of an effort to make transportation in the country more electric. Mr. Muhammad Azim (CEO of Jolta) shared his vision of Electrifying Mobility in Pakistan. He also announced the sale of 10,000 Jolta Bikes all across Pakistan to date and…
By Newztodays Team Are you a car lover? It’s easy to assume that you’d be one of the people who want to have one of the cars from the Kia brand. Isn’t it? Kia Motors is one of the new entrants that has launched new cars in Pakistan. The company has recently increased the prices…
Punjab province feels the heat of pollution and decides in principle to introduce electric golf carts and electric bikes to make the environment clean. To reduce pollution, Punjab Chief Minister Pervez Elahi has decided to promote environmentally friendly electric mini carts and electric bikes. He also gave his approval to the introduction of electric mini-carts…
MoS Senator Musaddik Malik and Secretary Petroleum Capt. (R) Muhammad Mahmood Visit SNGPL Head Office and appreciate SNGPL initiatives for gas supply. Lahore – Minister of State for Petroleum Senator Musadik Malik and Secretary Petroleum Capt. (Retd.) Muhammad Mahmood visited SNGPL Head Office in Lahore. MD Sui Northern Gas Ali J. Hamdani and Senior Management…
The prices of petroleum products in September 2022 have gone up in line with fluctuations in global oil prices. The government has increased the cost of gasoline by Rs 2.07 per litre, diesel by Rs 2.99 per litre, kerosene oil by Rs 10.92 per litre, and light diesel oil (LDO) by Rs 9.79 per litre….
The PRL upgradation project is on the right track now. United Bank Limited (UBL) and JS Global Capital Limited (JSGCL) have been jointly awarded the mandate for Financial Advisory and Arrangement Services for local debt and equity for Pakistan Refinery Limited (PRL). This appointment will assist in meeting PRL’s financing requirements for a Refinery Expansion…
The government has tasked the Tariff Policy Board to consider the imposition of a regulatory duty (RD) on all non-essential items to discourage imports and ease pressure on foreign exchange. The commerce ministry had recommended the economic coordination committee (ECC) in a recent meeting to impose a regulatory duty on non-essential items after detailed consideration….