Pakistan’s regasified liquefied natural gas (RLNG) prices have climbed to their highest level in ten years after the Oil and Gas Regulatory Authority (OGRA) announced a significant increase for August. The latest revision reflects the growing pressure of expensive spot LNG imports and rising global energy market volatility. OGRA has fixed the August RLNG price […]
IMF Seeks Bigger Recognition of Gas Sector Losses as Pakistan Delays Rs1.7 Trillion Debt Settlement Plan
Pakistan’s efforts to resolve its growing gas sector circular debt have hit another hurdle after the government and the International Monetary Fund (IMF) failed to reach an agreement on a proposed settlement framework. The unresolved plan, valued at Rs1.7 trillion, will now undergo further negotiations, with both sides expected to resume discussions in September. The […]