Author: Admin

Pakistan Prepares Emergency Energy Plan Amid Looming Oil and Gas Supply Crisis

Admin
New-Oil

Islamabad: The Government of Pakistan has drawn up an emergency energy management plan amid growing concerns over a potential shortage of oil and gas supplies, as regional geopolitical tensions threaten the country’s fuel imports and overall energy security.According to government sources, the situation has intensified after Qatar reportedly halted or disrupted LNG supplies to Pakistan due to the ongoing conflict involving Iran, raising fears of supply chain disruptions in the region. Pakistan currently maintains strategic reserves of oil and gas estimated to last around 25 days, prompting authorities to prepare…

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PPL launches new CSR schemes worth Rs. 521 million in Balochistan to uplift local communities

Admin
PPL

KARACHI, March 5, 2026: Pakistan Petroleum Limited (PPL) marks the launch of new CSR schemes in Balochistan with a total allocation of approximately Rs. 521 million, including 64 new scholarships, skills development and employment scheme for 50 local youth and rehabilitation of 10 years old educational and healthcare facilities in District Dera Bugti besides a new separate gas supply pipeline laid in collaboration with SSGCL for far flung colonies within the free gas distribution system of Sui Town at a ceremony organized by the company in Sui, District Dera Bugti…

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Petrol pumps may shut within days as dealers warn of supply cuts

Admin
Petrol-Diesel

LAHORE Leaders of the Pakistan Petroleum Dealers Association (PPDA) sounded the alarm on Thursday, alleging that petroleum companies have reduced supply and warned that petrol pumps may begin shutting down within the next few days if supply is not restored. Speaking at a press conference at the Lahore Press Club, the association’s Central Secretary General Chaudhry Irfan Elahi said the situation had become alarming due to declining fuel deliveries. “Diesel supply has dropped to just 20%,” he said, adding that petrol supplies had also been significantly reduced. Elahi also claimed…

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Pakistan, Netherlands Reaffirm Commitment to Strengthen Energy & Industrial Partnership

Admin
Ali-Pervaiz

Federal Minister for Petroleum, Ali Pervaiz Malik, was called on by H.E. Mr. Robert Jan Siegert, Ambassador of the Netherlands to Pakistan, along with a delegation of Engro Vopak Terminal Limited (EVTL). Federal Minister warmly welcomed the Ambassador and the delegation and expressed high hopes for enhanced bilateral cooperation, particularly in the energy and industrial sectors. He reaffirmed the Government’s commitment to facilitating foreign investment by ensuring a stable, transparent, and business-friendly environment. Ambassador Siegert stated that the Netherlands highly values its partnership with Pakistan. He highlighted that Engro Vopak…

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Pakistan Considers IMF Relief on Furnace Oil Carbon Levy Amid Gulf Energy Crisis

Admin
New-IMF

ISLAMABAD: Pakistan is reportedly considering approaching the International Monetary Fund (IMF) for relief on the carbon levy imposed on furnace oil, as the government seeks to secure energy supplies amid escalating tensions in the Gulf region. In an interview with Aaj News, Federal Minister for Petroleum Ali Pervaiz Malik said the Prime Minister has directed the finance ministry to engage the IMF on suspending the carbon levy introduced under the Resilience and Sustainability Facility (RSF). The move aims to allow the country to use furnace oil domestically rather than exporting…

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