Oil and Gas

Islamabad: Ministry of Petroleum and Natural Resources clarifies that claims made by LPG association are not based on facts. It is the reaction of those who have thrived on LPG quota system thereby fleecing the general public by charging very high prices. In fact the group has not let the …

Islamabad: The Oil and Gas Regulatory Authority (OGRA) is regulating the LPG sector of Pakistan as per the LPG (Production and Distribution) Rules, 2001. The Authority is empowered under the LPG (Production and distribution) Rules, 2001 to appoint 3rd party inspectors in order to verify that the LPG works meet …

Islamabad: Federal Government, in pursuance of ECC decision of October 06, 2010, has deregulated the ex-refinery/ex-depot prices of Motor Spirit, HOBC, LDO and Jet fuels (JP-1, JP-4 and JP-8) w.e.f June 01, 2011. The Oil and Gas Regulatory Authority (OGRA) will, however, continue to compute /notify ex-refinery prices of HSD …

Islamabad: Polish Deputy Prime Minister and Minister of Economy Mr. Waldemar Pawlak conferred this morning the title “Person of Merit for Mining in the Republic of Poland” on Dr. Asim Hussain, Federal Minister for Petroleum and Natural Resources. This state distinction has been bestowed on the Minister in recognition of …

Karachi: The Karachi Electric Supply Company Limited is in the process of developing a project for the purposes of the conversion of the Bin Qasim Power Station to coal-fired power generation from the current natural gas or furnace oil mix. The coal conversion project, after completion, would enable KESC to …

Islamabad: The Economic Coordination Committee of the Cabinet (ECC) which met here today with the Federal Minister for Finance and Economic Affairs, Dr. Abdul Hafeez Shaikh in the chair has approved three subjects of national importance including “Resumption of POL supplies to Ex-Fakirabad, Kotla Jam, Sahiwal and Shershah “Review of …