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(Bloomberg) -- Pakistan’s government increased local fuel prices from Friday to meet a key condition set by the International Monetary Fund for reviving its bailout program after talks with the ...
The Pakistani government is looking to tame inflation with fuel price cuts and a price-control mechanism, caretaker Prime Minister Anwaar ul Haq Kakar said on Monday. The South Asian country is ...
The Inland Freight Equalization Margin (IFEM) is a regulatory measure implemented in Pakistan to equalize the price of petroleum products across different regions of the country. [ 1 ] [ 2 ] It includes the costs for refineries to transport crude oil from its source to their facilities, as well as the expenses for Oil Marketing Companies (OMCs ...
Pakistan Petroleum. Pakistan Petroleum Limited (PPL) (Urdu: پاکستان پیٹرولیم) is a Pakistani state-owned petroleum company headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field, has non-operating interests in other fields, and has an interest in an exploration portfolio onshore and offshore.
The gas field was discovered in the late 1952 and the commercial exploitation of the field began in 1955. Sui gas field accounts for 6% of Pakistan's gas production. [11] Remaining reserves are estimated to be at about 800 billion cubic feet (tcf) and the daily production is around 500 million cubic feet (14,000,000 m 3) of natural.
Pakistan State Oil. Pakistan State Oil (Urdu: پاکستان ریاستی تیل) is a Pakistani petroleum corporation involved in marketing and distribution of petroleum products. [4] It has a network of 3,689 petroleum filling stations, out of which 3500 outlets serve the public retail sector and 189 outlets serve wholesale bulk customers.
Pakistan's gas fields are only expected to last for about another 20 years at the most due to heavy industrial usage. [10] [11] The Sui gas field is the biggest natural gas field in Pakistan. It is located near Sui in Balochistan. The gas field was discovered in the late 1952 and the commercial exploitation of the field began in 1955.
'Here-I-Am Movement Pakistan'; abbr. TLP) is a a far-right Islamist political party in Pakistan. [9] [10] [4] [11] [7] The party was founded by Khadim Hussain Rizvi in August 2015. [12] [13] [14] It was the fifth largest party in Pakistan at the time of the 2018 Pakistani general election, and secured over 2.2 million votes.