Pakistan’s first private gas distribution company, Universal Gas Distribution Company (UGDC), has invited foreign investors to explore investment and joint-venture opportunities in the country’s gas sector at Gastech 2026 in Bangkok, Thailand. UGDC is participating in Gastech for the first time, marking what the company described as a significant milestone for…
A meeting regarding Prime Minister of Pakistan’s Special Relief Scheme for a Rs100 per litre subsidy on petrol was held under the chairmanship of Additional Deputy Commissioner Social Services Ghazala Kanwal. Assistant Commissioner Khushab Ummat-ul-Salam, DEO Industries Muhammad Abdullah, Excise and Taxation Officer Ehsan Qadir Majoqa, General Secretary of the Petroleum…
Prominent global companies have evinced strong interest in investment in Pakistan’s energy sector. The interest was expressed during separate meetings of their representatives with Minister for Petroleum Ali Pervaiz Malik in Islamabad today. The representatives of Vitol Tank Terminal International (VTTI) expressed interest in investing in energy storage, bonded warehousing and…
Prime Minister Muhammad Shehbaz Sharif says the government is taking all possible measures to facilitate the business community, promote investment and increase exports. He was talking to CEO of Pak-Japan Group Chaudhry Asif Mahmood, who called on him in Islamabad today. They discussed initiatives for the welfare of overseas Pakistanis and…
Prime Minister Shehbaz Sharif has directed the establishment of facilitation desks comprising administration officials, volunteers and petrol pump staff to enable people to avail the fuel subsidy. He was chairing a review meeting regarding the PM Special Relief Scheme for motorcycles, rickshaws and 800cc cars in Islamabad today. The Prime Minister…
The Economic Coordination Committee of the Cabinet has approved 75 billion rupees for the Prime Minister’s Fuel Relief Scheme. The ECC accorded the approval at its meeting held in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair. The scheme envisages provision of targeted relief to lower-income segments in the…