“PM Directs Further Cut in Electricity Prices, Prioritizes Low-Cost Power Projects”

Shahbaz-Sharif

Prime Minister Shehbaz Sharif has ordered a further reduction in electricity prices, emphasizing the need to prioritize low-cost power projects to provide relief to consumers. The premier’s directive comes as part of the government’s efforts to mitigate the impact of high electricity prices on consumers and industries. According to sources, the prime minister has instructed the relevant authorities to explore…

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“LCCI Urges Government to Scrap Fixed Charges, Taxes on Electricity Bills”

LCCI-Project

The Lahore Chamber of Commerce and Industry (LCCI) has appealed to the government to eliminate fixed charges and taxes on electricity bills, citing the immense burden on industries and businesses. In a statement, LCCI President Kashif Anwar emphasized that the fixed charges and taxes on electricity bills are a significant obstacle to the growth of industries and businesses in Pakistan.…

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UNIFORM GAS PRICING ON THE ANVIL

Gas-tariff

Government Seeks Consensus Amidst PPP Protest ISLAMABAD: The government is actively pursuing a uniform gas pricing mechanism across Pakistan, sparking protests from the Pakistan Peoples Party (PPP). According to sources, the proposed pricing structure aims to deregulate the petroleum sector, eliminating disparities between local and imported gas prices. This move is expected to have significant implications for the energy sector.…

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OGDCL Announces Gas and Condensate Discovery at Bettani-02 Well in Lakki Marwat, Khyber Pakhtunkhwa

ogdcl

ISLAMABAD, December 13, 2024: Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, on Friday announced a significant gas and condensate discovery in the Samanasuk Formation, an exploratory zone, at the Bettani-02 (Slant) well located in the Laki Marwat district of Khyber Pakhtunkhwa. OGDCL is the operator of the Wali Exploration License with a 100% working…

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