Energy Sector
Govt Disburses Rs. 38 Billion to Stabilize Petrol Prices Under PDC Mechanism
The Oil and Gas Regulatory Authority has processed the disbursement of approximately Rs. 38 billion to oil marketing companies as part of the government’s efforts to maintain stable petrol prices across Pakistan. The payments have been made under the Price Differential Claims (PDC) mechanism, a system designed to compensate companies for selling petroleum products below […]
Kuwait Keen to Enhance Investment in Pakistan, Focus on Energy and Trade
Kuwait has expressed strong interest in expanding its investment footprint in Pakistan, particularly in the energy, trade, and broader investment sectors, signaling growing confidence in Pakistan’s economic potential. Federal Minister for Petroleum Ali Pervez Malik held a high-level meeting with Kuwait’s Minister of Finance and Chairman of the Kuwait Investment Authority (KIA), Dr. Sabih Al […]