LPG cylinders selling at twice the official price amid supply crisis
LPG cylinders are selling at more than twice Ogra's Rs3,296 price after Iranian supplies were disrupted; the minister says prices will ease within days.
Energy
The latest Energy news, reporting and analysis from The Indus Compass.
Power purchase price may rise to Rs27.3 per unit in 2027, CPPA-G says
CPPA-G projects Pakistan's power purchase price at Rs27.31 per unit in 2027, with capacity payments of Rs1.91 trillion; Nepra holds a public hearing on Nov 3.
LPG up Rs100 a kg as border curbs hit Iranian supply
LPG prices jumped Rs100 a kilogram over the weekend after import exemptions on Iranian cargo were withdrawn, and the industry wants daily pricing before winter.
Oil heads for weekly gain; Hormuz flows fall to 68pc of normal
Brent eased to $105.21 but was set for a weekly gain as Iranian attacks cut Hormuz oil flows to 68pc of normal. The IEA agreed to release 20m barrels of diesel.
Electricity bills to rise Rs2.56 a unit in November over fuel costs
The Power Division projected a Rs2.56 per unit fuel adjustment in November bills, adding Rs32.7bn, saying loadshedding averted a bigger rise of up to Rs6.
First LNG cargo of October reaches Pakistan after terminals ran dry
A Qatari LNG cargo berthed at Engro's terminal, ending a four-day halt in LNG supply, but the second terminal stays idle and winter demand is set to soar.
Spot cargoes push Pakistan's winter LNG bill to $1.29bn
Pakistan plans to buy 10 LNG cargoes on the spot market this winter at about double the Qatari price, pushing the four-month import bill to $1.29bn.
OGDCL plans to raise oil output by two-thirds by 2031
OGDCL aims to lift crude output from 36,013 to 60,384 barrels a day by 2030-31, as Pakistan seeks Libyan crude and Turkish help with exploration.
Trump lifts sanctions on Russian diesel after deal with Putin
The US temporarily lifted sanctions on Russian diesel after Trump said Putin agreed to supply fuel to world markets; Zelenskiy called it a gift to Moscow.
Oil falls after Trump rules out Iran attack before midterms
Brent fell to about $103 after Trump ruled out attacking Iran before the US midterms, as Tehran reviews a US reply on reopening the Strait of Hormuz.
Petrol up Rs2.31 a litre, diesel up 78 paisas for Friday
The government raised petrol by Rs2.31 to Rs398.96 a litre and high-speed diesel by 78 paisas to Rs395.72 for October 9, under the daily pricing system.
Brent tops $102 as Hormuz tanker attacks and US storm hit supply
Oil rose on Thursday, with Brent above $102 a barrel, as attacks on Gulf shipping hit a wartime high and a hurricane shut a quarter of US Gulf of Mexico output.
Petrol rises 88 paisas, diesel falls Rs1.88 in daily price revision
Petrol now costs Rs393.64 a litre and diesel Rs397.76 for Tuesday, under Pakistan's daily pricing system, with taxes of Rs114 and Rs100 a litre still in place.