PakistanSui Southern Gas Company announced its winter gas supply schedule for domestic consumers in Sindh and Balochistan. Three supply slots have been designated.
PakistanThe government has directed four state-owned enterprises to resume LPG import operations to address supply shortages and price increases. Plans include subsidized LPG for eligible consumers.
PakistanPetroleum dealers are requesting a forensic audit of oil refineries, citing increased profitability. They believe this review could lead to a price reduction of Rs40-50 per litre.
PakistanThe Pakistani government is exploring international arbitration to recover $800 million from Etisalat. This payment relates to the sale of PTCL and includes accumulated costs and damages.
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PakistanThe petroleum minister guaranteed efforts to meet winter LPG demand despite border closures disrupting supply. This disruption has led to doubled prices for gas cylinders in the open market.
PakistanThe government has reduced the price of petrol by Rs5.45 per liter. The price of high-speed diesel was cut by Rs3.68 per liter.
PakistanGovernment and Jamaat-i-Islami (JI) officials held discussions on petroleum price relief for low-income citizens. Both sides agreed to form a committee and continue talks.
PakistanPakistan International Airlines (PIA) announced the appointment of Adrian Hamilton-Manns as its new chief executive officer. The board highlighted his extensive aviation sector experience.
PakistanThe government stated consumers will benefit from any reduction in international petroleum prices. Further positive announcements are anticipated.
PakistanLiquefied petroleum gas prices have risen significantly in Pakistan. This surge is impacting the livelihoods of rickshaw drivers.
PakistanBargain hunting in heavyweight stocks lifted the market. This occurred despite escalating US-Iran tensions impacting investor sentiment.
Pakistan's economy has demonstrated a rebound, however, deeper problems continue to affect its stability. These underlying issues pose significant challenges.
PakistanThe government will have oil refineries absorb approximately Rs15 billion monthly to reduce petrol prices. This measure aims to shield citizens from global price increases amid the US-Israeli war on Iran.
