Petroleum price conundrum
A visibly agitated Finance Minister Miftah Ismail gave one press conference, addressed the All Parties Economic Recovery Conference and was a guest in at least five talk shows on Tuesday…
Petroleum prices: an analysis
From August 1, the GoP (government of Pakistan) has reduced gasoline’s price by Rs 3.05 to Rs 227.19/litre. However, diesel’s price been increased by Rs 8.95/litre with the new price…
The buck must stop with petroleum division
The country is facing a severe balance of payment crisis. With drying external sources to reroll maturing debt, it is of utmost importance to preserve the remaining reserves. That must…
Do not flirt with petroleum prices
The international oil prices are hovering their seven year high, and the current government in Pakistan is entering its last years of tenure. The correct, but politically tough decision, is…
Investigate the petroleum losses
The decision of the prime minister to remove SAPM for Petroleum Nadeem Babar and Secretary Petroleum Asad Hayauddin from their posts for losses caused to the exchequer in the petrol…
Ministry of Petroleum and Natural Resources: Rationalisation of institutions – VI
During the last decade, with years of poor governance, the institutions of Pakistanis have suffered and have recorded a significant decline with some being on the verge of collapse. There…
Unjust fixation of petroleum prices
On February 1, 2016, Pakistanis were expecting a reduction of at least Rs 15 per litre in petrol's price as Arab Light Crude Oil reached a new low in the…
Petroleum and products: The economics behind taxes
It is extremely unfortunate that government after government endorses the seriously flawed tax system in the country irrespective of its commitments when in opposition; and cites higher tax collections as…
Petroleum Policy 2012
Petroleum Policy 2012 has been cleared by the Council of Common Interest with some changes and adjustments. Overall, it is a good forward-looking policy providing requisite incentives to the exploration…
Petroleum Policy 2012
Petroleum Policy 2012 has been cleared by the Council of Common Interest with some changes and adjustments. Overall, it is a good forward-looking policy providing requisite incentives to the exploration…
