Author: Admin

Fuel Subsidy Plan May Push Price Differential Claims to Rs100bn, Warn Experts

Admin
petrol-prices-1200.psd

KARACHI: Proposed fuel rationing and subsidy measures could significantly intensify Pakistan’s inflationary and macroeconomic challenges, with Price Differential Claims (PDC) projected to surge to Rs100 billion within weeks, according to a report by PRIME Institute. The government is reportedly considering a targeted fuel subsidy framework that would allocate limited quotas to low-income users, including motorcycle and rickshaw owners, while maintaining higher prices for other consumers. While the move aims to curb consumption and manage supply constraints amid the Middle East crisis, experts warn it may create serious economic distortions. The…

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Petroleum Cargo Handling Surges at Port Qasim Amid Regional Tensions

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Port-Qasim

ISLAMABAD: Maritime activity at Port Qasim Authority has witnessed a notable increase, particularly in petroleum cargo handling, as regional tensions in the Middle East reshape global shipping routes. According to official data, the port recorded its highest vessel traffic in March, handling approximately 450,000 tonnes of petroleum products through 17 ships arriving from key international hubs, including Oman, Fujairah, Singapore, Sohar, Yanbu, and Iraq. Despite the ongoing crisis and disruptions in the Strait of Hormuz, Pakistan’s fuel supply via sea has remained stable and uninterrupted. Officials highlighted that operational efficiency…

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PM Assures Adequate Fuel Stocks, Urges Conservation Amid Global Oil Crisis

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New-Oil

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday assured that Pakistan holds sufficient petroleum reserves to meet national demand, while calling on citizens to adopt fuel-saving practices in light of rising global oil prices triggered by the ongoing Middle East crisis. Chairing a high-level meeting to review fuel conservation and austerity measures, the prime minister said the country’s energy security remains stable due to timely government decisions and effective monitoring of the petroleum supply chain. He urged the public to avoid unnecessary travel and encouraged workplaces to shift towards teleconferencing to…

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Govt Unveils Hybrid Strategy to Manage Power Crisis Amid Fuel Constraints

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Energy-power

ISLAMABAD: Facing mounting challenges in the energy sector, the government is preparing to implement a hybrid strategy combining controlled load-shedding, strict conservation measures, and potential tariff adjustments to meet rising electricity demand during the summer months. According to senior officials, the Power Division is evaluating multiple scenarios to offset the shortfall caused by reduced availability of imported fuels, particularly liquefied natural gas (LNG) and coal, amid the ongoing Middle East crisis. LNG, which contributes over 21% to the national power mix, is expected to see near-zero availability in the coming…

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NGC Accelerates Transformation to Strengthen Pakistan’s Power GridNew Operating Model Set to Launch July 1, 2026, Reinforcing Commitment to Efficiency, Accountability, and Reliability

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power-transmission

ISLAMABAD: March 28, 2026 The National Grid Company of Pakistan Limited (NGC) has updated the Ministry of Energy on significant progress in its organization-wide transformation, positioning the company to better serve the country’s evolving power sector needs. Following a briefing to Federal Minister for Power Sardar Awais Ahmad Khan Leghari, NGC confirmed that the initiative—launched in January 2026—remains on schedule, with a new operating model set to go live on July 1, 2026. Government Support for Reform During the briefing, Federal Minister for Power Sardar Awais Ahmad Khan Leghari reiterated…

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