Petrol cut by Rs3.4 and diesel by Rs7.76 for November 3
Petrol falls Rs3.4 to Rs374.51 and diesel Rs7.76 to Rs395.20 for November 3, as the government says refineries will absorb Rs15bn a month to hold prices down.
LNG: 6 The Indus Compass stories. Latest: Petrol cut by Rs3.4 and diesel by Rs7.76 for November 3. Key developments, background and analysis.
6 stories on LNG since 29 September 2026; the latest was published on 2 November 2026.
Petrol falls Rs3.4 to Rs374.51 and diesel Rs7.76 to Rs395.20 for November 3, as the government says refineries will absorb Rs15bn a month to hold prices down.
PSO sources say QatarEnergy's final offer prices LNG at 11.96pc of Brent for both contracts, with 66 cargoes a year; PSO wants cabinet approval by Nov 3.
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.
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 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.
QatarEnergy told Pakistan and Bangladesh that LNG deliveries will stay suspended through November, with the Strait of Hormuz still closed by the US-Iran war.