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Pakistan Updated 02 Apr, 2022 08:40pm

Rs25b approved for PSO to avert fuel supply disruption

Out of almost 4,000 MMCFD gas injected in the economy, 2,800 MMCFD is domestic gas

Business Published 26 Feb, 2022 10:35am

ECC directs Petroleum Division to form technical group for new exploration

'There is a dire need for new explorations as well as enhancing capacity of the existing gas fields,' says Finance Minister Shaukat Tarin

Business Published 20 Feb, 2022 11:40am

Cabinet gives green signal to RLNG sale pricing mechanism for KE

ECC in its meeting held on February 9 accorded approval of the summary

Business Published 20 Feb, 2022 10:44am

Cabinet body seeks update on CDC abolishment impact

Officials say 19% port charges have already been abolished by PQA and would be further reduced

Business Published 09 Feb, 2022 05:00pm

Japan offers gas to Europe over Ukraine fears

Tokyo's trade minister says the supplies will be strictly contingent on ensuring domestic demand is met

Published 07 Dec, 2021 12:00pm

Govt alarmed at depleting gas reserves

By Mushtaq Ghumman ISLAMABAD: The Federal Cabinet has directed Petroleum Division to prepare short, medium and...

Pakistan Updated 12 Nov, 2021 04:30pm

Gas to be supplied to domestic users 3 times a day: Hammad Azhar

Federal min says govt will ensure supply at ''breakfast, lunch and dinner times" on priority basis

Pakistan Published 08 Nov, 2021 12:24pm

Pakistan LNG buys LNG cargo for November delivery - sources

SINGAPORE:Pakistan LNG bought one out of two liquefied natural gas (LNG) cargoes it had sought through an emergency...

Business Published 02 Nov, 2021 10:34am

Gas crisis comes calling

Two LNG trading suppliers have defaulted on contractual obligation of supplying one cargo each in November

Business Updated 03 Sep, 2021 04:34pm

Asia, Mideast utilities turn to dirtier fuel as LNG prices bite

By Roslan Khasawneh and Jessica Jaganathan Surging liquefied natural gas (LNG) prices are prompting utilities ...

Business Updated 03 Sep, 2021 04:46pm

Pakistan LNG buys two out of five cargoes sought - sources

Pakistan LNG buys two out of five cargoes sought - sourcesPakistan LNG bought two out of five liquefied natural gas...

Business Published 01 Sep, 2021 10:06am

Pakistan steps up oil and gas imports as economic activities rebound

By Jessica Jaganathan, Roslan Khasawneh and Asif Shahzad Pakistan has stepped up its oil and gas imports this year...

Business Published 05 Aug, 2021 04:03pm

State-owned oil entities directed to make bidding results public

In a message on Twitter on Wednesday, Energy Minister Hammad Azhar directed the Pakistan State Oil (PSO) and ...

Business Published 29 Jul, 2021 11:54am

Gunvor and PetroChina place lowest offers for Pakistan LNG tender-sources

By Jessica Jaganathan Gunvor and PetroChina placed the lowest offers for a tender by Pakistan LNG to buy four...

Business Published 01 Jul, 2021 01:39pm

Global gas prices rally on hot summer, storage demand

By Jessica Jaganathan and Emily Chow Global gas prices hit multi-year highs this week as rising temperatures are...