Report issued by competition commission of Pakistan (CCP) urges unbundling of SOEs, stronger regulation, and private sector entry. The Competition Commission of Pakistan (CCP), in its detailed review of the country’s Liquefied Natural Gas (LNG) sector, has recommended a sweeping set of reforms to dismantle structural monopolies, promote private investment, and strengthen regulatory oversight. The…
The federal cabinet has approved a Rs10.8 billion relief package designed to support flood-hit electricity consumers in Punjab and Khyber Pakhtunkhwa. Domestic consumers in declared flood-affected districts will have their August 2025 electricity bills waived, with refunds processed for households that have already cleared previous payments. Industrial, commercial, and agricultural consumers will benefit from a…
Oil refineries’ sale of petrol and high-speed diesel has surpassed production of these products during September 2025. According to sources, the total production of petrol stood at 197,481 metric tons during the month of September 2025. But sales of diesel reached 205,956 metric tons. OMCs sales up 8% in September 2025 On the HSD side, production…
Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.4 million tons in Sep 2025, up 8% YoY and 5% MoM. The YoY growth was supported by gradual economic recovery and reduced smuggling from Iran, while the MoM increase was driven by a lower base as sales in Aug were lower than potential due to floods…
Consumers expecting fuel price relief have faced disappointment as the government raised freight margins on petroleum products, despite a decline in global oil rates. According to official data, the freight margin on high-speed diesel has now been fixed at Rs6.19 per litre, including a 32 paisa increase in the extra charge. On petrol, the freight…
ISLAMABAD: In a significant development for Pakistan’s energy landscape, a high-level meeting was held on Wednesday between Mr. Ali Pervaiz Malik, the Federal Minister for Petroleum, and senior leaders from the international and local energy sectors to discuss the revival of the Peshawar Block.Mari Energies hits record 39.13 MMBOE output in FY25 The Minister met…
Oil & Gas Development Company Limited (OGDC) on Wednesday announced a significant discovery of gas and condensate at Bitrism East-1 exploratory well, located in District Khairpur, Sindh. OGDC is the operator of the Bitrism Exploration License with 95% working interest, along with Government Holdings (Private) Limited (GHPL) holding 5% working interest. The Bitrism East-1 well…
Islamabad Electric Supply Company (IESCO) provides electricity in Islamabad and the surrounding areas of the federal capital. The government applies a uniform tariff across the country. It is the most efficient company due to low losses and therefore, its tariff applies to the consumers of all other distribution companies (Discs). Therefore, you can check the…
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has reduced the price of LPG by Rs 6.70 per Kilogram for October 2025. The regulator slashed the price of Liquefied Petroleum Gas (LPG) by Rs 79.14 for an 11.8 kg cylinder for October 2025.LPG Association Chairman calls for reopening JJVL LPG Plant According to a notification…
The Sui Southern Gas Company’s Security Services and Counter Gas Theft Operations Department has disconnected 3000 illegal gas connections in a bid to curb the rising incidences of gas theft. Recently, SSGC teams have carried out operations in Shah Latif Town, Malir, Karachi to curb gas theft for the past two weeks. In a raid…