Energy
Senate Panel Calls for 50% Oil and Gas Revenue Share for Producing Provinces
The Senate Functional Committee on Devolution has urged the federal government to fully implement constitutional provisions by ensuring that oil- and gas-producing provinces receive their rightful 50% share of revenue generated from natural resources extracted within their territories. The directive came during a committee meeting chaired by Senator Zamir Hussain Ghumro, where members reviewed the […]
Three Fertilizer Plants Halt Urea Production Due to LNG Supply Shortage
Pakistan’s fertilizer sector has been affected by a shortage of re-gasified liquefied natural gas (RLNG), forcing three major urea manufacturing plants to suspend operations. The shutdown follows the federal government’s decision to curtail RLNG supplies in response to the prevailing regional situation, raising concerns about fertilizer production and supply in the coming weeks. The affected […]
PM Seeks Expanded Turkish Investment in Pakistan’s Energy Sector Amid Deepening Bilateral Cooperation
Prime Minister Shehbaz Sharif has invited Turkish companies to expand their investment footprint in Pakistan’s energy sector, underscoring the government’s commitment to strengthening bilateral ties with Türkiye through strategic economic collaboration. He made the remarks during a meeting with Turkish Minister of Energy and Natural Resources Alparslan Bayraktar, who called on him at the PM […]