Author: Admin

Ogra Revises Rs60bn RLNG Recovery Plan, Allows 24-Month Installments and Waives Surcharge

Admin
Gas-Tariffs

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has issued a revised determination on the recovery of Rs60 billion in RLNG price adjustments for the period April 2015 to June 2022, easing the financial burden on consumers by spreading payments over 24 months and waiving the late payment surcharge. Under the new plan, RLNG consumers — including the power sector, export-oriented industries, fertiliser manufacturers and CNG operators — will pay their respective shares of the Rs59.8 billion differential without any surcharge. Ogra added that in cases of genuine hardship, Sui…

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Pakistan Targets 60% Renewable Energy Share by 2030, National Assembly Informed

Admin
National-Assembly

ISLAMABAD: Pakistan is accelerating its transition toward clean energy, with the government reaffirming its target to raise the renewable share in the national grid to 40% by 2025 and 60% by 2030, the National Assembly was told on Friday. In a written reply, Federal Minister for Energy (Power Division) Awais Leghari said the country has already surpassed its 2025 goal, with renewables accounting for over 46% of Pakistan’s power generation mix as of September 2025. While on-grid renewable capacity currently stands at 37%, it is expected to increase significantly as…

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Pakistan’s OGDCL Accelerates Unconventional Gas Drive to Boost Domestic Supply

Admin

Pakistan’s state-owned Oil & Gas Development Company Limited (OGDCL) is preparing a major expansion of its unconventional gas programme from early next year, aiming to strengthen domestic production and curb dependence on imported LNG. Despite Pakistan’s long-recognised potential in tight and shale gas, commercial-scale output has yet to materialise. However, new seismic and reservoir data have prompted OGDCL to significantly widen its scope. Managing Director Ahmed Lak told Reuters that the company has tripled its tight-gas study area to 4,500 square kilometres. Phase two of the technical evaluation is expected…

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IMF Executive Board to Review Pakistan’s Loan Programme on Dec 8, Expected to Approve $1.2bn Disbursement

Admin
New-IMF

The International Monetary Fund (IMF) Executive Board will meet on December 8 to consider and approve a $1.2 billion disbursement for Pakistan, following a staff-level agreement reached in October after extensive talks in Karachi, Islamabad, and Washington. The upcoming review covers two components: nearly $1 billion under the Extended Fund Facility (EFF) and about $200 million under the Resilience and Sustainability Facility (RSF). Once approved, the funds are expected to be released as early as the following day. The IMF confirmed the meeting date through an official announcement, and the…

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WWEC 2025 Conference Resolution

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*WWEC 2025 Conference Resolution*

22nd World Wind Energy Conference – Shantou, China | 3–5 December 2025Empowering the Future with Wind Energy: Innovation, Collaboration & Sustainable Growth The 22nd World Wind Energy Conference (WWEC 2025) proudly welcomed 1,500 delegates from 26 countries, representing wind, solar, hydro, and other renewable energy sectors. The global participation reaffirmed the conference’s role as a leading platform for advancing renewable technologies, policy development, manufacturing, R&D, offshore and small wind solutions, integrated systems, community involvement, and socioeconomic progress. The Conference extended sincere appreciation to the Government of China, the city of…

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