Karachi, July 12, 2023 – The Pakistan Petroleum Dealers Association (PPDA) has raised concerns over the detrimental effects of an influx of smuggled petroleum products on the sales of petrol pumps across the country.
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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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Pakistan Set to Announce Petroleum Prices for Second Half of July
Islamabad, July 12, 2023 – Pakistan is gearing up to announce the petroleum prices for the second half of July 2023, as the country faces the challenges of surging international oil prices and stringent conditions under the International Monetary Fund (IMF) loan program.
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Pakistan Updates Petroleum Prices Effective from July 9, 2023
Pakistan has recently announced updated petroleum prices, effective from July 9, 2023, which will remain applicable until July 15, 2023.
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PM Shehbaz Sharif Urges Swiss Companies to Invest in Renewable Energy and IT Sectors
In a bid to boost investment and collaboration in renewable energy and IT sectors, Prime Minister Shehbaz Sharif has extended an invitation to Swiss companies.
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Today Petroleum Prices in Pakistan on July 7, 2023
The government of Pakistan has recently unveiled the revised petroleum prices that will be in effect from July 7, 2023, until July 15, 2023.
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Today petroleum prices on July 6, 2023
The government of Pakistan has recently released the updated petroleum prices, which will be effective from July 6, 2023, until July 15, 2023. These prices are subject to change only if there are earlier revisions.
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KCCI Rejects Approval Allowing FCA Hike to K-Electric
Karachi, July 5, 2023 – The Karachi Chamber of Commerce and Industry (KCCI) Wednesday recently rejected the approval to allow K-Electric, the sole electricity provider in Karachi, to increase the Fuel Cost Adjustment (FCA).
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Analysts Predict Increase in Petroleum Prices in Pakistan through Levy, Sales Tax Adjustments
Karachi, July 5, 2023 – Analysts at JS Global on Wednesday suggested that Pakistan might increase petroleum prices by enhancing the petroleum levy and sales tax. Their analysis indicates that the Petroleum Development Levy (PDL) collection has fallen short of the target due to reduced sales of Oil Marketing Companies (OMCs) and the government’s reluctance to raise the PDL charge.
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Petroleum Prices on July 5, 2023
Islamabad, July 5, 2023 – The government of Pakistan has announced the updated petroleum prices, effective from July 5, 2023, until July 15, 2023. These prices will remain in effect unless there are earlier revisions. The petroleum prices in Pakistan as of July 5, 2023, are as follows:
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Pakistan Petroleum Sales Hit 17-Year Low in FY23 Amid Economic Slowdown and Price Surge
Karachi, July 4, 2023 – Petroleum product sales in Pakistan have reached a 17-year low during the fiscal year 2022-23, according to recently released data on Tuesday. The decline in sales can be attributed to higher product prices and an overall economic slowdown, which have significantly impacted demand.
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