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…
Oil and Gas Development Company Limited (OGDC) has confirmed receiving its third interest instalment of Rs7.73 billion from Power Holding Private Limited. The company disclosed the payment in a notice to the Pakistan Stock Exchange, stating that repayments are progressing under the government’s circular debt settlement plan. The total interest amount stands at Rs92 billion,…
Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with the Finnish delegation comprising H.E. Mr. Hannu Ripatti, Ambassador of Finland to Pakistan; Ms. Piia Karhu, President, Minerals at Metso,which is a global leader in equipment and services for the minerals processing industry; and Mr. Willie Eerola, Honorary Consul General of Pakistan to Finland….
Spokesperson of Power Division, while commenting on APTMA comments on IGCEP, has termed it a flawed and devoid of complete visibility of facts and data. The Ministry of Energy (Power Division) welcomes open debate and constructive criticism, as transparency is essential for improving our systems. However, the claims do not reflect the facts and may…
The Federal Minister for Petroleum Ali Pervaiz Malik held a meeting today with the Managing Director and senior executives of the Oil and Gas Development Company (OGDC) at company’s head office. The meeting focused on a comprehensive briefing by the OGDC management on the company’s operational activities and a strategic production optimization drive aimed at…
Electricity consumers nationwide may face higher bills next month as NEPRA considers a request from the Central Power Purchasing Agency for tariff adjustments. The agency has asked for a rise of 19 paisa per unit under the fuel cost adjustment mechanism, citing increased production expenses in August. Reports confirm distribution companies received 102.94 billion units…