Islamabad: In a bid to tackle the persistent dry outs in the petroleum sector, the government of Pakistan has unveiled a new policy known as the “bonded warehouse.”
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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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ECC Approves Policy for Petroleum Import through Customs Bonded Storage Facilities
Islamabad: In a meeting chaired by Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar, the Economic Coordination Committee (ECC) of the Cabinet approved policy guidelines for the import of foreign supplier’s account through customs bonded storage facilities.
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Second Shipment of Russian Crude Oil Arrives in Pakistan
Karachi, June 27, 2023 – A second shipment of discounted Russian crude oil, weighing 55,000 tonnes, reached the Karachi port on Tuesday.
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Pakistan Set to Announce Petroleum Prices for First Half of July 2023
Islamabad, June 27, 2023: The Pakistani government is gearing up to announce the petroleum prices for the first half of July 2023 on June 30.
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Pakistan Jacks Up Petroleum Levy to Rs60 per Liter
In a bid to generate non-tax revenue, Pakistan has recently announced an increase in the petroleum levy, raising it to Rs60 per liter.
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Happy Hours Continue as Pakistan Keeps Petroleum Prices Unchanged till June 30
In a move that brings joy to the citizens of Pakistan, the government has announced that petroleum prices will remain unchanged until June 30, 2023, extending the period of Happy Hours.
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Pakistan Unveils Latest Petroleum Prices Effective From June 23, 2023
Pakistan has recently announced its latest petroleum prices, effective from June 23, 2023. These prices will remain in effect until June 30, 2023, unless revised earlier.
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Call to International Financial Institutions: Cease Fossil Fuel Funding in Pakistan
Karachi, June 22, 2023 – At the launch of the “Energy Finance Outlook – A Case of Pakistan” study, speakers from diverse backgrounds have called upon international financial institutions to halt fossil fuel funding in Pakistan and redirect their investments towards renewable energy projects.
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ECC Approves Surcharge Recovery from K-Electric Consumers
ECC greenlights recovery of Rs.1.52/unit surcharge and addresses key financial matters
Islamabad, June 21, 2023 – The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, met on Wednesday to discuss and approve important financial decisions. Among the significant outcomes, the ECC gave its nod to the recovery of a surcharge from K-Electric consumers.
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Pakistan Petroleum Prices Updated for June 2023
The government of Pakistan has updated petroleum prices for June 2023. The new prices will remain in effect until the end of the month.
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