Amid growing energy challenges and economic strains, Pakistan has embarked on a transformative journey to revitalize its gas exploration and production sector, thanks to the strategic efforts of the Special…
Flames soar into the air from a sandstone outcrop on a hillside on the Absheron peninsula near Baku, the capital of Azerbaijan, as it prepares to host the COP29 climate…
NATURAL gas has played a major role in Pakistan’s energy matrix since the first large reserve was discovered in Sui, Balochistan, in 1952. Significant gas fields of smaller sizes were…
Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on…
The discovery of oil and gas has remarkably changed the fate of many countries. Not too long ago, people that used to live in abject poverty are now reaping the…
The estimate of the 0 of Manufacturing (QIM) for the month of July 2023 has recently been released by the Pakistan Bureau of Statistics. The decline in production observed in 2022-23…
Finally, pricing reform in the gas sector is in sight. The summary has been moved, and prices are likely to increase soon (before the IMF review). The gas circular debt…
However, some increase in small and medium category tariff will have to be, willy-nilly, done to cover the costs. In Bangladesh, minimum monthly charge is PkRs 1380-1500 per MMBtu for…
Pakistan’s oil and gas exploration and production (E&P) sector has traversed a fascinating path since the first oil well was drilled during British colonial times in the late 19th century…
The allocation and pricing of natural gas have been contentious issues in Pakistan, with the government historically granting top priority to domestic consumers, often at the expense of other economically…
