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CM Sindh urges fed govt to seek Sindh’s input on oil, gas exploration & production framework for selling to private sector.

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• No sale should be authorised without Sindh’s consent.• CM demanded regular sharing latest production statistics of oil, gas• CM decides to become party in WLO litigation. KARACHI (Feb 1): Sindh Chief Minister Syed Murad Ali Shah has emphasised that the federal government must include Sindh’s input in the framework that allows oil and gas exploration and production companies to…

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Saudi Arabia Remains Top Travel Destination for Pakistanis with 100% Growth in 2024

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KARACHI: Saudi Arabia continues to be one of the most favored international destinations for Pakistani travelers, experiencing a remarkable 100% year-on-year growth, according to travel mobile application Wego. This surge in demand aligns with Saudi Arabia’s Vision 2030 initiative, which aims to boost the Kingdom’s tourism industry through ambitious mega-projects. As the home of Islam’s two holiest cities, Makkah and…

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Nepra Takes Suo Motu Notice of PPIB’s $300/MW Tariff Approval

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Islamabad: The National Electric Power Regulatory Authority (Nepra) has taken suo motu notice of the Private Power Infrastructure Board’s (PPIB) decision to impose charges of up to $300 per megawatt (MW) on electricity consumers for its project facilitation services in power generation, transmission, and distribution. Nepra has scheduled a public hearing on February 13, 2025, to assess the legality and…

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LPG Price Increased by Rs3.68 Per Kg, Effective February 1

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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has raised the price of liquefied petroleum gas (LPG) by Rs3.68 per kilogram, effective February 1, 2025. According to an OGRA notification, the new LPG price is set at Rs253.97 per kg, bringing the cost of an 11.8 kg domestic cylinder to Rs2,997—an increase of Rs43.52 per cylinder (1.47%). The LPG price…

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CM Maryam Nawaz Launches Lahore’s First Electric Bus Service

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Maryam-Nawaz

LAHORE: Punjab Chief Minister Maryam Nawaz formally inaugurated Lahore’s first electric bus service on Friday, marking a significant step towards sustainable urban transport. During the launch, Transport Minister Bilal Akbar briefed the CM on the pilot project, highlighting the modern features of the electric buses, including GPS tracking, Wi-Fi, USB ports, and an anti-slip floor for passenger safety. Each bus…

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Petrol Sees Re1 Hike, High-Speed Diesel Jumps by Rs7 in Latest Price Revision

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The government has slightly increased the price of petrol by Re1 per litre and high-speed diesel (HSD) by Rs7 per litre for the next fortnight, according to a press release issued by the Finance Division on Friday. The revision follows an assessment by the Oil and Gas Regulatory Authority (Ogra) in response to fluctuations in the international oil market. With…

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Murad orders resolution of industrialist issues, orders formation of Facilitation & coordination committee with industrialist

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• CM orders removal of encroachments,• strengthen further one window facilityKARACHI (Jan 31): Sindh Chief Minister Syed Murad Ali Shah chaired two meetings to review the progress of the Dhabeji Special Economic Zone (SEZ) and committed to addressing the concerns of industrialists through a joint `Facilitation and Coordination Committee’ to be established under him [CM].The meetings took place at the…

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New Dams to Boost Water Reserves by 10 MAF in 4-5 Years: WAPDA Chief

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Bhasha-Dam

ISLAMABAD: Chairman of the Water and Power Development Authority (WAPDA), Lt. General Sajjad Ghani (Retd.), announced that the construction of new dams will add 10 million acre-feet (MAF) of water to Pakistan’s reserves within the next four to five years. Speaking at a National Assembly Standing Committee on Water Resources meeting, chaired by Khalid Hussain Magsi, Ghani emphasized that with…

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Winter Incentive Package Boosts Power Consumption by 1.5% in December

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ISLAMABAD: The government’s three-month Winter Incentive Package led to a 1.5% increase in electricity consumption in December 2024, with an additional 226 million units consumed, including in K-Electric’s jurisdiction. This was revealed during a public hearing chaired by NEPRA Chairman Chaudhry Waseem Mukhtar on the Fuel Charges Adjustment (FCA) for December 2024. The Central Power Purchasing Agency-Guaranteed (CPPA-G) has proposed…

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SNGPL Calls for Policy Review on Third-Party Indigenous Gas Sales in RLNG Areas

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ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has urged the Petroleum Division to review the policy allowing third parties to sell indigenous gas in RLNG-designated areas, arguing that all available and upcoming indigenous gas should be allocated to gas utilities to ensure affordable tariffs for the public. In a letter to the Petroleum Division, SNGPL highlighted that the current policy…

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