On Friday, Hammad Azhar, Energy Minister, disclosed that the government is aimed at introducing a new pricing mechanism for billing for imported gas. All ongoing schemes would be stopped until the new legislation be approved. “Local gas reserves [are] depleting at a rate of 9pc per annum. Govt does not have a legal mechanism to collect costs of imported gas from consumers,” he tweeted.
You May Also Like
Rupee value keeps shrinking
Karachi: On May 25, the Pakistani rupee dropped to a historic low…
- Alina Hashmi
- May 25, 2022
Britain warns France to back off in 48 hours
London: On Monday, it emerged that Britain had given France 48 hours…
- Alina Hashmi
- November 1, 2021
Trump tariffs rattle India’s markets, cloud growth outlook
India’s rupee plunged toward a record low and equity indexes declined on…
- Hafsa Mustafa
- July 31, 2025
Pakistan records 59pc drop in FDI
Karachi: The State Bank of Pakistan (SBP) data showed that the Foreign…
- Alina Hashmi
- January 19, 2023