Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
Breaking
Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel Militant Commander Killed in Qila Saifullah Operation

Articles for tag: account, Latest, limbo, LPG, Security, years

September 8, 2024

News Desk

SIFC is pushing for the restart of the LPG plant

Islamabad: The Special Investment Facilitation Council (SIFC) has directed the Department of Petroleum to take positive steps to restart operations at the LPG (liquefied gas) plant of Jamshoro Joint Venture Limited (JJVL). This directive followed a report prepared by the Sustainable Development Policy Institute (SDPI) and discussed at a recent SIFC meeting. According to the report, JJVL’s annual LPG production is estimated at 91,250 metric tonnes (MT). Historically, Sui Southern Gas Company Limited (SSGC) has earned over Rs 30 billion from JJVL across various operating models. The resumption of JJVL operations is expected to reduce LPG imports by 9%, potentially

August 21, 2024

News Desk

Punjab opposes LPG policy incentives

Islamabad: The Punjab government has raised questions about the proposed incentives in the Pakistan LPG Policy 2024, which could have an impact on its revenue share. Sources told The Express Tribune that a report had been sought from the federal government on the financial impact associated with the collection of taxes on LPG in the wake of the incentives proposed in the LPG Policy 2024. The Shehbaz Sharif led government has re-energized to introduce the new LPG policy. Earlier, the Pakistan Democratic Movement (PDM)-led government started work on introducing amendments to the LPG policy in a bid to remove the

July 16, 2024

News Desk

OGRA seeks action against CO2 blending with LPG

Islamabad: The Oil and Gas Regulatory Authority (Ogra), while taking serious note of the blending of carbon dioxide (CO2) with LPG, has urged the provincial secretaries-general, the Attorney General of Pakistan and the provincial attorneys-general to take appropriate measures against illegal carafes. In this regard, Ogra held a high-profile meeting, chaired by its Chairman Masroor Khan and attended by members of the authority, enforcement, legal and gas groups. The meeting reviewed the potential life hazards associated with the dangerous practice of mixing CO2 with LPG and sought appropriate measures. “Ogra is determined to use all legal options as per its

June 28, 2024

News Desk

Hyderabad faces crisis as LPG shortage looms

KARACHI: Industrialists in Hyderabad have urged the government to ensure supply of LPG cylinders and issue licenses to LPG shops to address the severe gas shortage caused by Sui Southern Gas Company’s (SSGC) inability to supply gas to restaurants and roads , and home users. Hyderabad Chamber of Commerce and Industry (HCCI) President Adeel Siddiqui has stressed the urgent need for government intervention to reopen gas shops that were closed after a recent gas shop incident. “The closure of LPG shops has caused a major crisis affecting restaurants, small factories, goldsmiths, blacksmiths and food streets,” Siddiqui told The Express Tribune.

May 29, 2024

News Desk

Gas companies demand tariffs on cheap imports

Islamabad: Local liquefied natural gas (LPG) companies have requested the government to impose a regulatory duty on LPG imports from Iran in the upcoming budget for the financial year 2024-25. Background discussions with LPG companies revealed that most of the LPG came from Iran at lower prices, but the gas was of poor quality and could cause explosions, endangering life and property. They stressed that the government should impose a regulatory duty on the purchase of LPG from Iran to enable the local industry to compete fairly with the imported product. The legal gas industry cannot import gas from Iran

March 15, 2024

News Desk

The natural gas company increases LPG imports to stabilize prices

KARACHI: Pakistani households have been left at the mercy of LPG black marketers, who demand significantly higher prices of Rs 300-400 per kg from consumers, who need the fuel to run their kitchens. Consumers, especially in the hilly areas of Gilgit-Baltistan (GB), are forced to pay exorbitant prices, which are much higher than the retail price of Rs 257 per kg fixed by the government. As black marketeers continue to reap windfalls, different stakeholders including local producers, importers, traders and retailers are accusing each other of charging higher prices to end consumers. SSGC LPG Limited (SLL), a wholly-owned subsidiary of

February 14, 2024

News Desk

JJVL calls for deregulation of LPG Policy

The chief minister directed the Directorate of Petroleum to draw up a plan to restart production at the JJVL plant to ease the gas shortage in winter. Photo: Archive Islamabad: Jamshoro Joint Venture Limited (JJVL) has proposed to deregulate the base price of local LPG or imported LPG in the new proposed LPG Policy, allowing market forces to determine pricing. The government is currently formulating this policy to boost local LPG production. JJVL argues that producers and importers have the autonomy to set prices based on market conditions, fostering fair competition, which previous LPG policies failed to achieve. JJVL chairman

December 7, 2023

News Desk

SSGC plans IPO for LPG subsidiary

KARACHI: Sui Southern Gas Company (SSGC) has announced plans to list its subsidiary, SSGC LPG, on the Pakistan Stock Exchange (PSX) in the future. This move aims to facilitate new funding for current and upcoming projects by offering shares to the general public. In a disclosure to the PSX, the natural gas utility said the board of directors of Sui Southern Gas Company Limited (SSGCL) has approved “the conversion of the status of SSGC LPG (Private) Limited from Private Limited to Public Limited. This approval is granted to begin the process of issuing 33.33 million shares of common stock of

December 1, 2023

News Desk

LPG prices increased by Rs 45.18 per cylinder in December

Ogra informs LPG prices hiked to Rs 254.86 per kg, affecting various cylinder sizes differently Dozens of gas cylinders can be seen in this image. — AFP/File The government cites an increase in the dollar’s exchange rate for growth. LPG prices rose to Rs 254.86 per kg. The price of the commercial cylinder will increase by Rs 173,882. ISLAMABAD: Citing an increase in the average exchange rate of the dollar, the caretaker government has increased LPG prices by Rs3.83 per kg for commercial and domestic consumers for the month of December. The news mentionted. The Oil and Gas Regulatory Authority

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
Powered by: Frontpage.dev
WP Twitter Auto Publish Powered By : XYZScripts.com