Panama Canal drought to create American LNG more expensive
THE gap between liquefied natural gas (LNG) prices in Asia and Europe is increasing as tighter restrictions at the drought-stricken Panama Canal threaten to make journeys costlier from mainly US suppliers.
Adil Aziz
Govt reduce prices of Petroleum products
The government reduced the petrol prices by Rs.2.04 per liter, bringing it down to Rs.281.34 from Rs.283.38. Government has decided to revise the prices of petroleum products for the fortnight starting 16 November 2023 as recommended by the Oil and Gas Regulatory Authority.
Editor
FPCCI has demand of reduces petroleum prices to Rs.20
Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded that the federal government should announce a reduction of 18 – 20 rupees per liter in the prices of petroleum products as international oil prices are showing a declining trend….
Karachi based SMEs demand of Subsidized electricity tariff: President FBATI
President Federal B Area Trade and Industry Syed Raza Hussain said the government should provide a subsidized electricity tariff to Small and Medium Sized Enterprises (SMEs) of the commercial capital Karachi to revive economic activity at an accelerated pace.
Mehfooz
Government reduces prices of Kersosene oil and light diesel products
The government kept unchanged the prices of petrol and high speed diesel at Rs.283.38 per liter and Rs.303.18 per liter respectively for next fortnight.
ECC approved raise gas tariff from November
The Economic Coordination Committee of the Cabinet approved revision of the natural gas sale pricing for different categories of consumers for the fiscal year 2023-24, with effective from November 1st, 2023.
Chinese company TGOOD and the REC Group of Pakistan sign MoU to establish EV charging stations across Pakistan
A leading Chinese company TGOOD and the REC Group of Pakistan signed a memorandum of understanding in Beijing aimed at promoting environmentally friendly electric vehicles (EVs) in Pakistan.
KCCI is the rejected hike of gas tariff by ECC
The Karachi Chamber of Commerce & Industry and all seven industrial town associations of the city, while unanimously terming the extortionate hike in gas tariffs for export-oriented and general industries as ‘unviable, unacceptable & unfeasible’, vociferously appealed Prime Minister and his cabinet not to accept ECC’s decision of such a huge increase in gas tariffs and consider bringing gas tariffs to a level where these become viable and absorbable so that the wheels of industries in Karachi keep spinning.
ECC approve to increase gas tariff for all consumers from November
ECC approved revision of gas pricing, and also immediate orders to import of 200,000 MT of Urea Fertilizer and One Million tons of milling wheat for FY-2023-24.
PRL and United Energy Group of China sign MoU to enhance capacity of Petroleum products
The United Energy Group of China and Pakistan Refinery Limited signed a Memorandum of Understanding for the investment worth $1.5 billion in the petroleum sector.