Oil import bill shrinks by 20.90% to $5.64bn in 7 months

ISLAMABAD: The country’s oil import bill witnessed reduction of 20.90 percent during the first seven months of the current fiscal year as compared to the corresponding period of last year. The oil imports during July-January (2020-21) were recorded at $5640.751 million against the imports of […]

Petroleum Division aligns strategy to streamline oil, gas sector

ISLAMABAD-Cognizant of the country’s existing and future energy needs, the Petroleum Division (PD), during the year 2020, has aligned its strategy to streamline the matters related to the oil and gas sector. It introduced the ease-of-doing-business plan and took radical measures to ensure a level-playing field for […]

Petroleum Division for avoiding sensationalism in gas sector

ISLAMABAD, :The Petroleum Division (PD) on Saturday explained the link between Japan Korea Marker (JKM) and Brent pricing of the LNG, asking a certain media house to focus on the core issue of legal reforms and avoid sensationalism in the gas sector. “This is in […]