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WACOG: about time!

WACOG (weighted average cost of gas) bill has been passed by the Senate. This is a landmark achievement, which would allow the government to mix the imported RLNG and domestic…

WACOG: A solution? — I

Local gas resources are dwindling and gas demand is increasing continuously creating need for expensive imported LNG. Currently, there is a dual-separate pricing system for local gas and LNG creating…

WACOG: A solution? — II

All parties have their own arguments. Other free riders are emerging in the form of market supporters. They argue that they can import cheap LNG and should be allowed to…

Gas tariffs and reforms—II

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…

No more business as usual—II

Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution. Structural changes need to be made to existing layers of governance of local governments,…

UFG: the elephant in the room

Natural gas is the most important energy source in Pakistan’s energy mix providing 40% of its primary energy supplies for decades. According to the Energy Year Book for 2022, Pakistan’s…

Handling the energy crisis

The relentless rise in electricity prices in Pakistan has taken a severe toll on domestic consumers, large-scale manufacturing, traders, and small and medium-sized enterprises (SMEs). The situation has reached a…

This crisis is a moment; Part – III

The current business-as-usual model continues to delay deregulation by repeated extensions, issuance of new/amended refinery policies. It will one day improve competitiveness, reduce demurrages and build our strategic and commercial…

The 80/20 rule for maximising foreign exchange earnings

Pakistan’s economy has been facing a number of challenges in recent years, including low growth, high inflation, large fiscal and current account deficits, and declining foreign exchange reserves. Despite various…