[ad_1] The federal government has increased price of petrol by Rs4.53 per litre effective from Monday in line with the fluctuation in global oil prices. Petrol will now be available at Rs293.94 per litre against its previous price of Rs289.41 per litre. Meanwhile, the price of high-speed diesel (HSD) has …
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[ad_1] The federal government is preparing to announce new petrol price with an increase of Rs 10 per litre from April 1, fuelling inflation in the county. However, if the authorities gave in to the IMF demands petrol price may increase by up to Rs50 per litre. The prices will …
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[ad_1] ISLAMABAD: The oil industry has called for reverting to the old methodology of price revision based on the current value of dollar indexation. In a letter written to the Oil and Gas Regulatory Authority (Ogra) chairman, the Oil Companies Advisory Council (OCAC), a lobbying group of oil industry players, …
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[ad_1] ISLAMABAD: The gas sector braces for another blow as approximately $1 billion is earmarked for diverting expensive RLNG to the domestic sector in a bid to alleviate the gas crisis anticipated in the fiscal year 2024-25. State-owned oil and gas entities are already staggering under the weight of a …
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[ad_1] SSGC LPG Limited (SLL), a wholly-owned subsidiary of Sui Southern Gas Company Limited, operates an LPG Import Terminal at Port Qasim Authority (PQA), Karachi. As a State-owned Enterprise (SOE) under the Ministry of Energy [Petroleum Division] (MoE-PD), SLL is a leading integrated LPG marketing and distribution company in Pakistan, …
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[ad_1] Regassified Liquefied Natural Gas (RLNG) prices for February 2024 witnessed a significant reduction, with a cut of 8.7 per cent and 9 per cent for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC), respectively, as indicated by the recent notification from the Oil and …
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[ad_1] ISLAMABAD: The federal government has announced plans to permit the import, local sale, and re-export of petroleum products facilitated by foreign suppliers. This decision, aimed at streamlining trade processes, involves amendments to the Customs Rules, 2001, introducing the Customs Bonded Facilitation Rules, 2024. The Federal Board of Revenue (FBR) …
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[ad_1] ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has permitted a significant increase in gas tariffs for consumers of the Sui Northern Gas Pipelines Limited (SNGPL) and the Sui Southern Gas Company Limited (SSGC) by 35.13% and 8.57% respectively. This hike, applicable for the current fiscal year 2023-24, will …
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[ad_1] The outgoing caretaker government has jacked up the petrol price by Rs13.55 per litre for the next fortnight, as recommended by the Oil and Gas Regulatory Authority (OGRA). The latest price hike comes in light of ongoing tensions in Middle East as Israel continues to press war on Gaza. …
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[ad_1] KARACHI: The Pakistani currency strengthened to over a 12-month high, closing just below the highly anticipated level of Rs280 against the US dollar in the interbank market on Thursday. According to data from the State Bank of Pakistan (SBP), the domestic currency appreciated by 0.04%, or Rs0.12, concluding at …
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