World Bank appreciates Petroleum Division for Successful Resolution of LNG Surplus Issue

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Islamabad: December 18,2025 Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, held a meeting today with the World Bank Country Director for Pakistan, Ms. Bolormaa Amgaabazar, to discuss ongoing and future reforms in Pakistan’s energy sector, with a particular focus on gas sector sustainability. During the meeting, Ms. Bolormaa Amgaabazar appreciated the Petroleum Division for successfully resolving the long-standing LNG issue. She noted that resolving the LNG challenge was not an easy task and commended the Minister for personally owning the sustainability of the gas sector. She reaffirmed the World…

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Government Decides to End Net Metering

Net-Metering

The federal government has made a final decision to discontinue the net metering system for solar consumers and replace it with a net billing policy. For implementation, NEPRA has formally started working on the new framework. What was Net Metering? Under net metering, if a home or shop had a solar system: This policy encouraged millions of consumers to install solar systems and provided relief worth billions of rupees. Why Did the Government End Net Metering? According to the government and the power sector: New System: What is Net Billing?…

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SIFC Flags Brownfield Refinery Upgrades as Top Priority

Refinery-Upgrades

KARACHI: The Special Investment Facilitation Council (SIFC) has placed brownfield refinery upgradation at the top of its agenda to modernise Pakistan’s existing refining infrastructure, assuring refinery management of full support in removing bottlenecks hampering these projects. SIFC officials conveyed the message during a meeting with refinery executives to review the implementation status of ongoing brownfield upgradation projects and associated issues. The council also directed the Petroleum Division to hold a dedicated meeting with refineries on refining policy and upgradation matters on Thursday (today). The meeting will be attended by senior…

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National Integrated Energy Plan Heads to CCOE for Approval

Power project

ISLAMABAD: Pakistan’s first-ever National Integrated Energy Plan (IEP) has been finalised by the Power Division and is set to be reviewed and approved by the Cabinet Committee on Energy (CCOE) on Thursday, with Prime Minister Shehbaz Sharif chairing the meeting. The IEP aims to introduce coordinated, evidence-based planning across the power, petroleum and water sectors, addressing long-standing issues of fragmented policymaking, siloed planning and inefficient resource utilisation. The plan was developed on the directives of the Prime Minister’s Office and in line with the National Electricity Policy 2021, approved by…

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Pakistan Accuses India of Reviving ‘Water War’ Through Chenab Flow Manipulation

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ISLAMABAD: Pakistan has raised serious alarm over what it terms a renewed “water war” by India after abrupt and extreme fluctuations in the Chenab River’s flow during the winter season. Officials said India suddenly released around 58,000 cusecs of water at Head Marala during the night of December 7–8, 2025, before drastically cutting flows to just 870–1,000 cusecs from December 13 to 17. This was far below the historical average of 4,000–10,000 cusecs for the period. Pakistan maintains that the emptying and refilling of the Baglihar Hydropower Project reservoir violates…

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