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Articles for tag: approved, ECC, fuss, Gas, increase, Latest, Ministry of Energy, natural, natural gas prices, prices

October 31, 2023

News Desk

After much fuss, the increase in natural gas prices was approved

Islamabad: The federal cabinet on Monday approved a hike of up to 193% in natural gas prices to recover an additional Rs 350 billion from consumers this fiscal year, while making some further adjustments in the recommended rates for industrial and CNG consumers. Headed by Chief Minister Anwaarul Haq Kakar, the cabinet approved a hike of up to 172% for domestic consumers, a 137% hike for commercial consumers and a 193% hike in prices for cement manufacturers with effect from November 1. The Cabinet has referred the proposed hikes for processing units of non-export and export industries, captive power plants

October 30, 2023

News Desk

The government says natural gas will only be supplied for 8 hours in winter

Energy Minister Muhammad Ali speaks at a press conference. — PID/file Gas will only be available in the morning, afternoon, evening. The minister says the government has mandated LNG to deal with the shortage. 2 shipments have been arranged for December, the government will order more for January. ISLAMABAD: After a massive hike in natural gas tariffs, caretaker energy minister Muhammad Ali dealt another blow to the masses when he announced that natural gas will be available only for 8 hours a day during the winter season, he said. The news the manufacture. In a press conference together with caretaker

October 28, 2023

News Desk

Pakistan’s changes to the natural gas pipeline annoy the Russians

Islamabad: Moscow is frustrated and disappointed by Islamabad’s response to the Pakistan Stream natural gas pipeline because the latter has changed the structure of the project several times and made no progress on the trade deal amid US sanctions on Russian entities. The project aimed to build a liquefied natural gas (LNG) pipeline from Karachi to Lahore to overcome gas shortage in Punjab province. Sources told The Express Tribune that the Pakistani side had to face an embarrassing situation when it raised the issue of the pipeline project before the Russians during their talks in Moscow. The Pakistani side had

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