Minister of State for Petroleum, Musadik Malik, stated that the importing Russian oil would not lead to a decrease in fuel prices across the country, and we can not provide fuel at cheaper rate right now
Read MoreDay: May 30, 2023
Russian oil: first shipment likely to reach by first week of June
KARACHI: The first shipment of Russian crude oil is expected to hit Pakistani port during first week of June 2023. The crude oil ship carrying 100,000 tons liquid cargo has reached Oman Port and bound to reach Karachi in next few days. 0.1m tons of Russian oil to arrive in first week of June The crude oil vessel is expected…
Read MorePakistan LNG withdraws termination notice to PGPC
ISLAMABAD: Pakistan LNG Limited (PLL) on Monday withdrew its termination notice for the operation and services agreement (OSA) with the Pakistan GasPort Consortium (PGPC) that owns and operates the LNG terminal-2, after losing a case in the London Court of International Arbitration (LCIA). The arbitral tribunal appointed under the LCIA Rules, 2014, on April 26, 2023, issued its award in…
Read MorePetrol price likely to drop by Rs10 per litre in upcoming review
KARACHI: The price of petrol is likley to drop by up to Rs10 per litre in the upcoming fortnightly review of petroleum product prices, industry officials said on Monday. They said that the ex-refinery price of petrol is showing a decline of Rs10-12 for the next fortnight, however the exchange rate adjustment may allow the government to only pass on…
Read MoreTrina Solar Launches Integrated PV and Energy Storage Systems at SNEC, Total Solutions Leading N-Type Value
Trina Solar Launches Integrated PV and Energy Storage Systems at SNEC, Total Solutions Leading N-Type Value Trina Solar showcased its technical prowess and unveiled new products at the 16th International Photovoltaic Power Generation and Smart Energy Conference & Exhibition, which was held at the Shanghai New International Expo Centre from May 23 to 26. At the event, Trina Solar unveiled…
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