Tag: petroleum industry
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OGRA announces ‘reduction’ of Rs0.81 per kg in LPG price
The Oil and Gas Regulatory Authority (OGRA) has implemented a modest reduction in the price of Liquefied Petroleum Gas (LPG) by Rs0.81 per kg, effective from March 01, 2024.
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Govt maintains petrol price at Rs281.34, cuts diesel price by Rs7 per litre
On Thursday, the caretaker government announced its decision to maintain the current petrol price at Rs281.34 per litre while implementing a reduction of Rs7 per litre for high-speed diesel (HSD) for the upcoming two weeks.
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Pakistan receives second shipment of discounted Russian crude oil
On Tuesday, the second shipment of discounted Russian crude oil, comprising a total of 55,000 tonnes, reached the Karachi port.
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Russian oil imports expected to reduce fuel prices slowly, says Musadik Malik
At the Pakistan Energy Conference 2023, Minister of State for Petroleum, Musadik Malik, reassured the nation that the arrival of cheap oil from Russia would eventually lead to a decline in fuel prices. However, he cautioned that an immediate decrease should not be expected until a continuous supply of oil from Moscow is established.