In a move to reduce the deficit and meet the conditions set by the International Monetary Fund (IMF), Pakistan has officially notified an increase in electricity tariffs on Saturday. The decision will affect both industrial and residential consumers.
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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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Government to Link Conditions to Petroleum Dealer Margin Increase
Karachi, July 22, 2023 – The State Minister for Petroleum, Musadik Malik, has announced that the government will tie the increase in petroleum dealers’ margin to the fulfillment of certain conditions.
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Updated Petroleum Prices in Pakistan Effective From July 22, 2023
Islamabad, July 22, 2023 – Pakistan has revealed the revised petroleum prices, effective from July 22, 2023, until July 31, 2023. This latest update comes as a significant measure to alleviate the burden of inflation on the public.
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Petrol Pumps Across Pakistan Will Remain Open After Dealers Postpone Strike
Karachi, July 21, 2023 – In a significant development, petrol pumps across Pakistan will continue to operate as the Pakistan Petroleum Dealers Association (PPDA) decided to postpone their planned strike for the next 48 hours.
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Fuel Crisis Looms as Petrol Stations in Pakistan Go on Indefinite Shutdown
Karachi, July 21, 2023 – In a move that will likely cause widespread inconvenience to citizens and businesses alike, the Pakistan Petroleum Dealers Association (PPDA) has declared an indefinite shutdown of petrol stations across the country beginning on Saturday, July 22, 2023.
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Pakistan’s Import Bill for Petroleum Products Sees Sharp 37% Drop in FY23
Islamabad, July 20, 2023 – Pakistan’s import bill for petroleum products witnessed a significant decline of 37 percent during the fiscal year 2022-23, as per official statistics released by the Pakistan Bureau of Statistics (PBS).
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OCAC Accuses Regulatory Body of Manipulating Diesel Price Reduction
ISLAMABAD: The Oil Companies Advisory Council (OCAC) has leveled accusations against the Pakistan regulatory body, claiming that the recent forced reduction and manipulation of high-speed diesel (HSD) prices has resulted in an inventory loss of Rs11 billion for the industry.
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Fresh Petroleum Prices in Pakistan Updated Up to July 18, 2023
Islamabad, July 18, 2023: The government of Pakistan has recently announced revised petroleum prices that will be effective from July 18, 2023, until July 31, 2023. These updated prices come as welcome news for consumers as they reflect a reduction in the cost of petrol and high-speed diesel (HSD).
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Pakistan Delivers a Pleasant Surprise: Petroleum Prices Reduced from July 16
Islamabad, July 15, 2023 – In a surprising move, the government of Pakistan announced a significant reduction in petroleum prices, effective from July 16, 2023.
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PM Shehbaz Sharif Launches $3.48 Billion Chashma Nuclear Power Plant Unit-5
Mianwali, July 14, 2023 – Prime Minister Shehbaz Sharif led the groundbreaking ceremony for the Chashma Nuclear Power Plant Unit-5 (C-5), a 1200 MW project estimated to cost around $3.48 billion.
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