OGRA will announce up to date ex-depot costs day by day on its web site with out requiring prior approval. ISLAMABAD: Federal cupboard has accepted a brand new pricing mechanism for petroleum merchandise underneath which the costs of petrol and high-speed diesel can be revised every day, changing the present periodic adjustment system. Beneath the…
ISLAMABAD: Pakistan’s oil provide chain gamers appeared nervous as petrol shares declined to a 14-day cowl on Thursday, prompting the federal government to urgently deal with procedural points and activate enforcement mechanisms to discourage hoarding for profiteering available in the market. The decline comes amid rising costs following renewed US-Iran hostilities. Knowledgeable sources mentioned the…
ISLAMABAD: The government on Friday cut the price of both petrol and diesel by Rs1.97 per litre, with immediate effect for the week ending July 10, to pass on part of the impact of lower global prices over the past week. As such, the ex-depot price of high-speed diesel (HSD) was set at Rs309.50 for…
Based on an official assertion, subsidies for motorbike riders and small farmers have been withdrawn. ISLAMABAD: The federal authorities has ended gasoline subsidies for motorcyclists, public transport operators and small farmers following a gathering of the Nationwide Steering Committee chaired by Deputy Prime Minister Ishaq Dar. Based on an official assertion issued after the assembly,…
The Federal Power Regulatory Fee (FERC) told grid operators on Thursday to fast-track interconnection requests from information facilities and different giant electrical energy customers. Below the orders, six main grid operators have to indicate that information facilities are “ready to hook up with the transmission system in a well timed and orderly method.” Information facilities…
