The government has been forced to immediately implement a 23% increase in gas rates for industrial captive power plants (CPPs ...

On Tuesday, it had to notify a grid levy of Rs791/mmBtu on all supplies of domestic gas and imported LNG to captive power plants as required under the ongoing IMF programme. The policymakers had been ...

for up to 3.75 million tons of LNG a year for 15 years, although a cancellation option can shorten the deal to 11 years if the parties fail to agree a new price. An economic crisis has slashed power ...

Agreements on pipeline, LNG delivery During Sharif’s visit, Azerbaijan’s state-owned oil company, SOCAR, exchanged several MOUs with Pakistan’s oil trading and refining companies ...

For instance, Pakistan pays more in capacity payments to the Sahiwal coal power plant than it did to all ... Islamabad postponed a deal to procure LNG from Qatar by a year, with deliveries now ...

ISLAMABAD: Power generation plants have reportedly requested the Sui Northern Gas Pipelines Limited (SNGPL) to leverage its ...