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Thursday, February 6, 2025
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Pakistan Energy Sector

PSO board approves sale-purchase agreement with SOCAR

The Pakistan State Oil (PSO) Board of Management (BoM) has approved the execution of a Sale Purchase Agreement (SPA) with the State Oil Company...

Kuwait-Based Firm Sells $60M Assets to PEL, Ends Operations in Pakistan

ISLAMABAD: Kuwait Foreign Petroleum Exploration Company (KUFPEC) has decided to withdraw from Pakistan's oil and gas sector, selling key assets worth approximately $60 million...

Call for significant increase in household gas prices

Domestic gas consumers are expected to incur a cost of Rs163.058 billion this financial year due to the RLNG diversion cost. Sui Northern Gas...

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