ISLAMABAD: K-Electric has prepared its Indicative Generation Plan (IGP) up to 2032-33 which will be submitted to an appropriate forum for consideration and approval. National Transmission and Despatch Company (NTDC) recently wrote a letter to KE in which data has been sought for IGCEP 2024. In reply to a November 2, 2023 letter of Deputy Manager Director, System Operation, National…
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KARACHI: Pakistan Petroleum Limited (PPL) said on Friday it had started production of oil and gas from a new well in the Pothwar region of Punjab The company, which operates the Adhi Mining Lease with joint venture partners Oil & Gas Development Company Ltd (OGDCL) and Pakistan Oilfield Ltd (POL), said the Adhi South-6 well was drilled to a depth…
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ISLAMABAD: Official data released by the Pakistan Bureau of Statistics (PBS) shows that gas charges have gone up by 1108.59 percent in the outgoing week of 2023 against the same week last year. The official data of the Sensitive Price Index (SPI) released on Friday shows that gas charges for lower quintile witnessed a hike in prices by 1108.59 percent…
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ISLAMABAD: Pakistan on Friday received four international bids, with the lowest at $18.46 per unit, for the supply of a liquefied natural gas (LNG) cargo in the first part of January to meet anticipated peak winter shortage in the residential sector as the gas regulator notified 1.2 per cent increase in the sale price of regasified-LNG (RLNG) for November. The…
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ISLAMABAD: Pakistan and Kuwait will soon sign seven memorandums of understanding (MoUs) for investments worth $10 billion in Pakistan through seven projects in multiple fields, including environment, mining, and food security. In this regard, the federal cabinet, in its meeting held on Friday, approved seven MoUs to be signed during the upcoming visit of caretaker Prime Minister Anwaarul Haq Kakar…
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