gas
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SSGC to provide gas only for 13 hours in Ramadan
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[ad_1] — APP/File KARACHI: The Sui Southern Gas Company (SSGC) has announced a gas supply schedule for the holy month of Ramadan during Sahar and Iftar timings. According to an SSGC statement, the gas will be provided between 3:00am to 9:00am (Sahar) and 3:00pm to 10:00pm (Iftaar). It is pertinent to mention that the essential…
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Gas supply to remain affected for next 24 hours in Karachi
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[ad_1] This representational image shows flame on the stove. — Unsplash The Sui Southern Gas Company (SSGC) has announced that the gas supply in Karachi will face interruption and low-pressure for the next 24 hours due to a sudden shortage of gas from Naimat-Basal field. “[The] SSGC is faced with a sudden shortage of 50…
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SPI rises to 7-week high amid gas price surge | The Express Tribune
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[ad_1] KARACHI: Pakistan’s inflation rose to a seven-week high at 1.27% in the week ending February 29, primarily due to the recent significant increase in gas prices by the government, which greatly influenced the short term inflation figures. The weekly SPI (Sensitive Price Indicator) inflation had slowed to 0.04% in the previous week ending February…
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Cabinet committee greenlights work on Iran-Pakistan gas pipeline
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[ad_1] Workers can be seen busy working on a gas pipeline at Chah Bahar, Iran. — X/@dana916 ISLAMABAD: After around a decade’s delay, the caretaker Cabinet Committee on Energy (CCoE) Friday approved works on the first phase of the Iran-Pakistan (IP) gas pipeline to boost the country’s energy security. In a statement, the Ministry of…
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Govt approves work on Pakistan section of IP gas pipeline project | The Express Tribune
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[ad_1] ISLAMABAD: The Cabinet Committee on Energy (CCoE) granted approval on Friday for the initiation of work on the 80-kilometer segment of the Iran-Pakistan (IP) gas pipeline project within the country. According to a press release, the committee, acting on a recommendation from the Petroleum Division, has endorsed the commencement of the project, starting from…
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Govt restructures gas priority for industrial growth | The Express Tribune
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[ad_1] ISLAMABAD: The caretaker government has decided to change the gas priority order by placing the process industry at the top along with domestic consumers. It has also changed the priority order of the fertiliser sector by placing it in the second category along with the power sector. Earlier, the fertiliser industry was placed in…
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Gas price hike for fertiliser plants sought | The Express Tribune
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[ad_1] ISLAMABAD: The government has initiated discussions to increase gas prices for the remaining six fertiliser plants aimed at preventing the possibility of windfall profits of around Rs100 billion due to its earlier decision to raise prices for only four plants. The issue of gas prices in the range of 175%, or Rs1,017 per mmbtu,…
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‘Govt must reconsider gas tariff hike’ | The Express Tribune
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[ad_1] ISLAMABAD: Trader bodies on Saturday urged the federal government to reconsider its decision to hike the gas tariff to address concerns of the business community. Islamabad Chamber of Commerce and Industry (ICCI) President Ahsan Zafar Bakhtawari and President of Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh, made the demand during a…
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Gas price surge expected to propel inflation to 25% | The Express Tribune
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[ad_1] KARACHI: The latest hike in gas and petroleum oil prices for households and industrial consumers in February is estimated to increase the inflation rate by almost half a percentage point to around 25% in the current fiscal year 2023-24, reducing the likelihood of a token cut in the benchmark interest rate in mid-March 2024.…
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Traders urge govt to withdraw gas price hike | The Express Tribune
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[ad_1] KARACHI: Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) President Muhammad Farooq Shaikhani has hit out at the Economic Coordination Committee (ECC) for its decision to make a massive increase of 65% in gas tariffs. He appealed to all political leaders and the country’s rulers to withdraw the gas price hike promptly to…
