Poland has announced plans to expand its $100 million investment in Pakistan’s oil and gas exploration sector. The move signals Poland’s growing interest in Pakistan’s energy market. During a meeting in Islamabad, Polish Ambassador Maciej Pisarski shared this intent with Finance Minister Muhammad Aurangzeb. Poland aims to reinvest income earned locally and strengthen long-term energy […]
Pakistan’s energy sector
US eyes big role in Pakistan’s energy future
The United States has shown strong interest in investing in Pakistan’s energy sector. This includes oil, gas, and minerals. US Charge d’Affaires Natalie A. Baker met with Petroleum Minister Ali Pervaiz Malik in Islamabad. She said American companies are eager to work in exploration and production. The US wants to boost cooperation and bring new […]
Govt hikes gas levy to cut power bills
The federal government has imposed a new levy of Rs 238 per million British thermal units (MMBTU) on gas supplied to captive power plants. This move comes as part of the International Monetary Fund’s (IMF) reform conditions aimed at improving Pakistan’s energy sector finances. The government plans to use the revenue generated from this levy […]
World bank: Pakistan wasting billions on outdated energy
The World Bank has released a new report focusing on Pakistan’s energy sector. The report highlights the urgent need for energy savings and carbon emission reductions across key industries. These include cement, steel, fertilizer, textile, and paper. The report encourages both the public and private sectors to take bold action. According to the report, lack […]
Pakistan’s energy sector faces setback as power output drops 15%
Pakistan’s electricity generation dropped sharply by 15% in February 2025, reaching 6,945 GWh compared to 8,153 GWh in January. This decline reflects a slowdown in industrial and commercial activities, as lower power consumption often indicates reduced economic activity. On a year-on-year basis, power generation also fell by 3% from 7,130 GWh recorded in February 2024, […]