Islamabad, December 31, 2024 – Market forecasts suggest that Pakistan is set to adjust petroleum prices upward, with the new rates taking effect from January 1, 2025. This revision scheduled for December 31, 2024, will impact multiple petroleum products, reflecting global trends and domestic cost adjustments.
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You can go through stories related to energy. The stories are about changes in petroleum prices and updates on energy sector of Pakistan and world.
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Expected Petroleum Prices in Pakistan from January 1, 2025
Islamabad, December 30, 2024 – Pakistan is expected to revise the prices of petroleum products for the upcoming fortnight starting from January 1, 2025. The government’s decision on fuel price adjustments is anticipated on December 31, 2024, with significant implications for consumers and industries alike.
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Petroleum Prices in Pakistan – Today, December 29, 2024
On Sunday, December 29, 2024, the petroleum prices in Pakistan stand as follows: high-speed diesel at Rs255.38 per litre, petrol at Rs252.10 per litre, kerosene oil at Rs161.66 per litre, and light-speed diesel at Rs148.95 per litre.
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Electricity Tariffs Decline Massively in 2024: Minister Leghari
Islamabad, December 28, 2024 – Minister for Power Sardar Awais Ahmed Khan Leghari highlighted transformative achievements in Pakistan’s power sector during a year-end review.
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PM Shehbaz Orders Installation of Smart Electricity Meters
Islamabad, December 28, 2024 – Prime Minister Muhammad Shehbaz Sharif has instructed the expeditious installation of smart meters across the country to enhance transparency in the electricity billing system and implement robust measures to curb electricity theft. The directive came during a high-level review meeting on the performance of Electricity Distribution Companies (DISCOs).
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Karachi Electric Consumers to Get Above Rs 7 Billion Refund
Karachi, December 28, 2024 – Electricity consumers in Karachi are set to receive a substantial refund of over Rs 7 billion as K-Electric (KE), the city’s primary power utility, has filed a petition with the National Electric Power Regulatory Authority (Nepra) seeking approval to refund Rs4.98 per unit. This refund comes as part of the monthly fuel charges adjustment (FCA) for November 2024.
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Petroleum Prices in Pakistan Witness Notable Decline in 2024
Islamabad, December 27, 2024 – Petroleum prices in Pakistan have shown a significant decline throughout 2024, providing relief to consumers and contributing to a reduction in the inflation rate of essential items.
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PPL Commissions Exploratory Well to Address Energy Crisis
Karachi, December 27, 2024 – Pakistan Petroleum Limited (PPL) has successfully commissioned an exploratory well in Sindh, a development poised to alleviate the country’s gas supply gap amid the prevailing energy crisis.
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OGDCL Enhances Oil Production from Pasakhi-5 Well
Karachi, December 26, 2024 – Oil and Gas Development Company Limited (OGDCL) announced on Thursday the successful revival and significant enhancement of oil production from the Pasakhi-5 Well, situated in District Hyderabad, Sindh. This development marks another milestone in OGDCL’s efforts to strengthen Pakistan’s energy sector.
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PPL Announces Significant Gas Discovery in Jamshoro, Sindh
Karachi, December 24, 2024 – Pakistan Petroleum Limited (PPL) announced a major gas discovery in the Jamshoro district of Sindh Province, marking a promising development for the nation’s energy sector.
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