Peshawar
PESHAWAR, Aug 28: Khyber Pakhtunkhwa is facing a major gas theft crisis, with losses exceeding Rs 2 billion annually, according to Waqas Shinwari, General Manager of Sui Northern Gas. Shinwari revealed that the southern districts, particularly Kirk, are hotspots for gas theft. In response, meters are being installed in Kirk,
LNG
ISLAMABAD, Aug 13: In yet another blow to consumers, the government has approved a hike in RLNG prices for both Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL). Effective from August, the price of RLNG for SSGC has been increased by 3.20 percent, bringing it
Gas
KARACHI: The country's gas network has received a significant boost with the addition of new gas deposits from five wells in Balochistan. Mari Petroleum Company has announced the successful trial production and delivery of this new gas, with key details submitted to the Pakistan Stock Exchange. According to
OGRA
LAHORE: In result of secer crackdown, 80% of LPG shops in Lahore have been closed, responding to the widespread sale of LPG at inflated prices. The LPG price, officially set at Rs 234 per kg by Ogra, has skyrocketed to Rs 320 per kg in various areas, creating distress among
gas subsidy
ISLAMABAD: The federal cabinet has unanimously approved the discontinuation of gas subsidies for fertilizer factories, signaling a move towards more targeted support for the agricultural sector. With the closure of these subsidies, gas prices for factories will rise to Rs 1814 per mmbtu. The decision reportedly comes amidst government efforts
OGDCL
SLAMABAD, May 18: The Oil and Gas Development Company Limited (OGDCL) has announced a substantial increase in local production of oil and gas. The surge in production, attributed to breakthroughs in district KarkNashpa well No. 10, has propelled total oil production to 1870 barrels per day, while total gas production
Mari Petroleum Company Limited
KARACHI: Mari Petroleum Company Limited (MPCL) has announced a major discovery of natural gas in the Marighazj Formation field located in Sindh province, Pakistan. This news comes as a welcome development for the country, which is grappling with a growing energy demand and depleting natural gas reserves. According to MPCL,
sui gas
Islamabad: Federal government has announced to introduce a new gas pricing mechanism called WACOG (Wet Average Cost of Gas). This method will combine the prices of domestically produced natural gas and imported RLNG (Regasified Liquefied Natural Gas) to determine the final gas price. While this new pricing model is expected
gas slab discount
ISLAMABAD, Mar 26: The government has abolished the current tiered gas billing system with slabs and discounts, instead moving to a flat rate system for gas consumption. This change will impact domestic and industrial consumers alike, as everyone will be charged the same rate regardless of the amount of gas
textile industry
KARACHI, Mar 09: Pakistan's textile industry, a major pillar of the country's exports, is facing a potential meltdown due to a staggering 223% surge in gas tariffs over the past year, according to the All Pakistan Textile Mills Association (APTMA). APTMA Chairman Zahid Mazhar, addressing a
LPG
Lahore, Mar 09: Just days before the holy month of Ramadan, the price of liquefied petroleum gas (LPG) has skyrocketed in Pakistan, sparking outrage from consumers and industry leaders. According to the LPG Association, prices have jumped a staggering Rs 53 per kg in just one week, with the cost
electricity
ISLAMABAD, Feb 28: The caretaker federal cabinet has made a crucial decision regarding electricity and gas prices, aiming to streamline the process and eliminate government intervention. According to media reports, the Cabinet has greenlit amendments to the NEPRA and OGRA Acts, paving the way to remove the government's
Gas
ISLAMABAD, Feb 14: Consumers, both protected and non-protected, are poised to face a significant uptick in gas prices, according to the sources within the industry. The media reports indicate that protected consumers can anticipate a Rs. 10 per mmbtu hike, while their non-protected counterparts will see a steeper increase of
OGRA
ISLAMABAD, Feb 06: The Oil and Gas Regulatory Authority (OGRA) has sanctioned substantial tariff increases of 35.1 percent for Sui Northern and 8.5 percent for Sui Southern, effective from February 2nd. The notification for the increase has been forwarded to the federal government for final endorsement. According to
Petroleum
KARACHI, Jan 20: Mari Petroleum Limited has announced the discovery of a new gas deposit in Sindh, set to contribute 6.57 million standard cubic feet of gas per day. In an official statement, the company disclosed that the breakthrough occurred during the drilling process at Gazage Formation Two, reaching
Iran
LAHORE, Jan 19: The LPG mafia has hiked the price of liquefied petroleum gas (LPG) by 10 rupees per kg, citing the ongoing tensions between Pakistan and Iran. This abrupt increase has led to a surge in the cost of household cylinders by 120 rupees and commercial cylinders by 450