ISLAMABAD: The caretaker government on Saturday reduced the price of petroleum products for the next fortnight. The price of petrol has been Rs8 per litre. The new price of petrol is Rs 323.38 per litre, according to a notification by the Finance Division. The price of High-Speed Diesel (HSD) has been reduced by Rs11 per … Read more
KARACHI: The Oil Companies Advisory Council (OCAC), the primary representative of the country’s downstream oil industry, has registered the sales of 363,667 tonnes of high-speed diesel and 363,210 tonnes of motor spirit during the first fortnight of May 2022. Expressing concerns, OCAC Chairman Waqar Irshad Siddiqui said that the downstream oil sector of the country … Read more
KARACHI: The National Electric Power Regulatory Authority (Nepra) on Thursday allowed ex-Wapda distribution companies to charge their consumers an additional fuel cost of Rs5.94/kWh on the consumption during January 2022. Nepra observed that the energy from costlier residual fuel oil (RFO) and high-speed diesel (HSD)-based power plants was generated to the tune of over Rs43.62 … Read more
ISLAMABAD: The government has reduced the prices of petrol, high-speed diesel and kerosene by Rs1.50/litre and light-diesel oil by Rs1/litre for the next fortnight, according to a notification issued by the Finance Division on Tuesday. The new prices of petroleum products will be MS petrol, Rs118.30; HSD, 115.03; kerosene, 86.80; and LDO, Rs84.77. The new … Read more
KARACHI: A significant jump in import quantities of high-speed diesel (HSD) was observed during FY21 ended June 30, 2021, as the authorities have cracked down on smuggling of diesel from neighbouring Iran. As much as 17,735 tonnes of HSD was legally imported during FY21, seven times higher as against 2,048 tonnesd imported in FY20. Similarly, … Read more
KARACHI: The country’s overall power generation surged 6.6 per cent to 15,680GWh (21,076MW) during July 2021, compared with 14,711GWh (19,773MW) during July 2020, official data suggests on Friday. “The rise in generation is witnessed due to higher generation of nuclear, furnace oil, regasified liquefied natural gas (RLNG), wind, HSD and bagasse,” an analyst at Arif … Read more
