Pakistan News

    Petroleum Distribution Companies In Pakistan

  • Reforms to unbundle gas distribution companies into five

    ISLAMABAD: The federal government is persuading the provincial governments for gas-sector reforms that envisage dismantling of two gas utilities into at least five public-sector companies besides facilitating many other private operators and dedicate domestic supplies to consumers within a gas-producing province...

    The summary, seen by Dawn, seeks to dismantle Sui Northern Gas Pipeline Ltd (SNGPL) and Sui Southern Gas Company Ltd...

  • Distribution companies told to refund Rs2.23 per unit to consumers

    ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday ordered all ex-Wapda distribution companies of to refund Rs2...

    Under the practice in vogue, distribution companies charge significantly higher estimated fuel cost to power consumers and later adjust against actual cost in a subsequent month with the approval of the power regulator...

  • ECC approves Rs41bn repayment for power distribution companies

    The amount will be utilised for the purposes of funding the repayment liabilities of the Distribution Companies (Discos), through an arrangement between Power Holding (Private) Limited and Discos...

    The ECC approved the proposal of Cabinet Division for the provision of bridge financing to the tune of Rs864 million for facilitating the Printing Corporation of Pakistan in procuring new printing machines for meeting the requirement of...

  • Distribution companies asked to refund Rs2.8 per unit to consumers

    ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday ordered the distribution companies to refund Rs2...

    At a public hearing presided over by Nepra Chairman retired Brig Tariq Sadozai, the regulator concluded that the distribution companies had overcharged consumers by more than 41 per cent in June which should be returned in the billing month of September...

  • Attock Petroleum profit rises 38pc to Rs5.3bn

    KARACHI: The Attock group announced on Monday the financial results of its group companies, Attock Petroleum, Pakistan Oilfields, Attock Refinery and National Refinery...

    ATTOCK PETROLEUM LTD: The company announced a profit after tax of Rs5...

  • Prices of all petroleum products increased

    ISLAMABAD: The government on Tuesday increased prices of all petroleum products by up to 11 per cent with immediate effect for the month of November...

    The increase was approved by Prime Minister Shahid Khaqan Abbasi who also put an end to the role of the ministry of finance in petroleum goods’ prices and directed the petroleum ministry to pass on increased rates of diesel and petrol to oil companies and instruct the oil regulator to...

  • Petroleum products witness overall 3.39% increase during last fiscal year

    The petroleum production grew overall by 3...

    Production of six petroleum products including jet fuel oil, motor spirits, high-speed diesel, furnace oil, jute batching oil and Liquefied Petroleum Gas (LPG) witnessed an increase, while kerosene oil, diesel oil, lubricating oil and solvent naphtha showed negative growth, according to official data available with APP...

  • Govt plans regulatory body for upstream petroleum sector

    ISLAMABAD: Amid strong opposition from three smaller provinces, the federal government is planning to establish an independent upstream petroleum-sector regulator to regulate oil and gas exploration and production across the country...

    It will act as a specialised department of the federal government through the Directorate General of Petroleum Concessions (DGPC)...

  • PAC seeks record of payments in excess of Rs102m by Petroleum Ministry to Rangers

    The Public Accounts Committee (PAC) on Wednesday sought a complete record of payments in excess of Rs102 million made by the Ministry of Petroleum and Natural Resources to the Sindh and Punjab Rangers for security of Sui northern and southern gas installations...

    Audit officials said the Sindh Rangers outsourced security for Sui Southern Gas Company Ltd to a private company, billing M/S Mehmood and Brothers for security through the...

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