Government signed ‘very tough’ agreement with the IMF, he says Nation ravaged by disaster, and political, economic turmoil WATCH: Pakistan Prime Minister Shehbaz Sharif made an urgent appeal for debt Continue Reading
The death toll from malaria and other diseases tearing through Pakistan’s flood-ravaged regions reached 324, authorities said on Wednesday, and actress Angelina Jolie said she feared many people she had Continue Reading
Pakistan State Oil Co., the nation’s largest fuel importer and retailer, is planning to build a $500 million LNG terminal as part of its strategy to diversify into multiple businesses. Continue Reading
Farmers stranded by unprecedented floods that have submerged huge swathes of Pakistan are running low on feed for their cattle, officials said on Tuesday, as airdropping supplies proved a difficult Continue Reading
Authorities in Pakistan are scrambling to protect a vital power station supplying electricity to millions of people against a growing threat of flooding, officials said on Monday, taking steps such Continue Reading
The town of Khairpur Nathan Shah was flooded suddenly one-night last week when embankment defenses in the area gave way under the volume of water pushing against them. —This used Continue Reading
Every year, as the weather warms, teams of Indian scientists trek the Himalayan mountains to study the Chhota Shigri glacier in India’s northern state of Himachal Pradesh. For the past Continue Reading
Over 1,000 Dead in Pakistan’s Deadly Monsoon Flooding in Pakistan from the highest rainfall in more than three decades has killed at least 1,000 people since June and caused more Continue Reading
Tens of thousands of people fled their homes in northern Pakistan on Saturday after a fast-rising river destroyed a major bridge, as deadly floods cause devastation across the country. Powerful Continue Reading
The Pakistani government has asked its refineries to provide feedback on importing attractively-priced Russian crude in an effort to soften the blow from a ballooning import bill, joining a list Continue Reading
Pakistan’s headline inflation accelerated in June amid higher food and fuel costs even as the nation closes in on a International Monetary Fund bailout. Consumer prices rose 21.32% last month Continue Reading
Pakistan is facing an escalation of its power crisis after it failed to agree a deal for natural gas supply next month. State-owned Pakistan LNG Ltd. scrapped a purchase tender Continue Reading
Highlights Govt imposes restrictions on power, energy consumption Hydroelectric shortages, record temperatures exacerbate crisis Gas-based power utilities cut operations on fuel shortage The Pakistan government is pushing to curb electricity Continue Reading
Europe’s campaign to quit Russian fuel is designed to punish Moscow for its invasion of Ukraine . It’s also wreaking havoc thousands of miles away from the conflict, plunging Pakistan Continue Reading
Pakistan will reduce its official work week to five days from six in a bid to reduce energy and fuel consumption as part of an energy conservation plan approved by Continue Reading
Pakistan’s foreign exchange reserves fell below $10 billion, threatening to spillover into a fullblown economic crisis unless policy makers secure a loan from the International Monetary Fund. The stockpile decreased Continue Reading
Pakistan aims to sign a long-term liquefied natural gas purchase deal in a bid to secure future supply and ease crippling blackouts. The South Asian nation intends to float a Continue Reading
Pakistan ’s headline inflation quickened to the highest level in more than two years in May on rising food and fuel prices amid a weakening currency. Consumer prices rose 13.8% Continue Reading
High global coal prices dampen imports Cement, steel plants face acute shortage Power shortage seen in several regions Several non-power sectors in Pakistan, including cement and steel plants, are either Continue Reading
Traffic travels along a highway shrouded in smog in Lahore, Pakistan in December 2021. The city of more than 11 million people in Punjab province near the border with India Continue Reading
Taking shelter from the scorching heat in Delhi Climate change makes record-breaking heatwaves in northwest India and Pakistan 100 times more likely, a Met Office study finds. The region should Continue Reading
Record-high April temperatures over Pakistan melted glaciers faster than normal, triggering a flash flood Saturday in a village in the northern region of the country that wiped out part of Continue Reading
Saudi Arabia will extend an oil loan facility to Pakistan and is considering rolling over dollar deposits as the South Asian nation looks to rein in one of Asia’s highest Continue Reading
Pakistan eyeing countries like Afghanistan, Tajikistan Domestic coal shortage hurts power supply CFR Pakistan 5,750 kg/kcal NAR coal at $366.05/mt April 20 Thermal coal buyers in Pakistan are looking for Continue Reading
Soaring prices of liquefied natural gas (LNG) and coal on the international markets have left Pakistan, the world’s fifth-most populous nation, with having to cut electricity supply to households and Continue Reading
Pakistan sees strong gasoline demand on economic activity the Philippines stays top recipient for China’s gasoil in 2021 Restricted gasoil exports from China support prices of the grade Pakistan emerged Continue Reading
Pakistan’s natural gas shortage is hurting its most important export industry, putting even more stress on an economy already struggling with accelerating inflation and a weakening currency. About $250 million Continue Reading
Pakistan’s petrol retailers began a nationwide strike on Thursday as the main industry body flagged low-profit margins, exacerbated by the government’s move to raise taxes and boost revenue under its Continue Reading
Pakistan is looking to buy liquefied natural gas (LNG) for the winter, but it couldn’t find any sellers in a recent tender, which highlights the fact that the natural gas Continue Reading
Pakistan’s FY 2021 oil product demand jumps 19% Beijing aims to limit middle distillate exports to cut emissions Fujairah oil product flows to Pakistan sharply higher in recent weeks Pakistan Continue Reading
Pakistan recorded more than two hundred COVID-19 deaths in a day for the first time since the start of the pandemic on Tuesday, as the government said it was considering Continue Reading
Pakistan’s refining capacity is expected to rise sharply in coming years as the pace of current upgrades and construction picks up ahead of the approval of the country’s new refinery Continue Reading
After spending decades tackling electricity shortages, Pakistan now faces a new and unfamiliar problem: too much generation capacity. The South Asian nation’s power supply flipped to a surplus last year Continue Reading
The persisting gas crisis in Pakistan has intensified, adding to the woes of the citizens as they are forced to turn to more expensive methods to compensate for the gas Continue Reading
A sharp squeeze in domestic gas availability and the surge in LNG prices that has pushed up the cost of gas-based power generation have prompted Pakistan to turn to oil Continue Reading
Much of Pakistan descended into darkness on Jan. 9, after a technical fault struck the country’s national grid, according to Pakistan’s Power Minister Omar Ayub Khan. Not registered? Receive daily Continue Reading
Islamabad: With an increasing gas crisis in the country, Pakistan will be buying an all-time high priced Liquefied Natural Gas ( LNG ) for February 2021. The Pakistan LNG Limited Continue Reading
Increase in prices of petroleum products would sabotage Prime Minister Imran Khan’s vision of lowering input cost, industry representatives said on Saturday. Further, the industry in Karachi said gas shortages Continue Reading
This extension to a nuclear facility in Pakistan was spotted using Google Earth Neil Hyatt et al. Sleuthing with satellite images on Google Earth has revealed a substantial and undocumented Continue Reading
Months after severe country-wide oil shortages, the country’s oil refineries are raising red flags over lower uplifting of their refined products by oil marketing companies (OMCs), resulting in curtailment of Continue Reading
Few global projects receive the same amount of praise and criticism as China’s Belt and Road Initiative (BRI) does. Regardless of one’s opinion, the BRI is President Xi’s signature foreign Continue Reading
Pakistan’s oil marketing companies are likely to import more spot barrels of motor fuels soon as the recovery in domestic demand amid low refinery run rates threatens to draw down Continue Reading
The city witnessed widespread protests on Wednesday as residents, angered by prolonged blackouts and water shortages amid rising temperatures and a pandemic, took to the streets. Various neighborhoods, including Korangi, Landhi, Continue Reading
Pakistanis recently witnessed a repeat of the 2015 petroleum shortage. The reason was, once again, the falling global prices and the attempt by the oil industry to avoid inventory losses. Continue Reading
Series of announced and unannounced Power load-shedding in different cities including Lahore has gone up amid scorching heat. According to the details, with the increase in the intensity of heat, Continue Reading
The World Health Organization has recommended Pakistani authorities reimpose “intermittent lockdowns” of targeted areas to curb the spread of the novel coronavirus, stating the country did not meet the global Continue Reading
Cities like Karachi and Quetta are seeing long queues of vehicles waiting for refill. Prices of petrol, diesel have shot up by three times. The Pakistani government has blamed oil Continue Reading
With shortage of major petroleum products aggravating with none of more than 80 oil companies maintaining the mandatory stocks, the authorities — both in the petroleum division and petroleum regulator Continue Reading
As Friday prayers began in the main mosque here last week, worshipers filled the front courtyard. Late arrivals squeezed into the back and into overflow areas, disregarding the tape on Continue Reading
Amid tight demand-supply conditions of high-speed diesel during the wheat harvesting season, the government has asked the oil marketing companies and refineries to beef up supplies of major transport fuels Continue Reading
