Gas Prices Surge 100% After Hormuz Attacks, Qatar LNG Stop
European gas prices skyrocketed more than 100% after US-Israeli strikes on Iran disrupted Strait of Hormuz shipping and QatarEnergy halted LNG production, fueling supply shortage fears.
Category : Energy Sector
NEPRA Approves 35 Paisa Per Unit Electricity Price Hike
The National Electric Power Regulatory Authority has approved a 35 paisa per unit increase in electricity prices, impacting consumers nationwide. This adjustment is part of the quarterly tariff mechanism.
Oil, Gas Shipping Costs Surge as Iran Closes Strait of Hormuz
Shipping through the Strait of Hormuz has nearly halted after Iran attacked vessels, causing supertanker costs to hit record highs and LNG rates to jump over 40%. The conflict has disrupted global energy markets, with Brent crude up nearly 10% this week.
Hydropower, Nuclear, Coal Plants Grab 77% of Pakistan's Energy
A recent report reveals that hydropower, nuclear, and coal-fired power plants collectively account for 77% of Pakistan's total electricity generation, highlighting the nation's reliance on these key energy sources.
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Govt: Pakistan Has Ample Fuel Supply Despite Global Tensions
The Pakistani government has confirmed that the country has sufficient fuel reserves to meet domestic needs, addressing concerns over potential shortages due to global market volatility.
OGRA Orders Refineries to Keep Adequate Oil Reserves
The Oil and Gas Regulatory Authority has instructed refineries to ensure adequate oil reserves due to the Middle East situation, aiming to prevent supply disruptions and stabilize the market.
Gas Sector Circular Debt Halted, Principal Reduced by Rs15 Billion
Federal Minister Ali Pervaiz Malik announced a halt in gas sector circular debt growth, with a Rs15 billion reduction in principal. He outlined energy reforms and foreign investor interest at the Pakistan Governance Forum.
First 200MW Power Transaction Under CMOD Expected by June
Federal Minister for Power Sardar Awais Ahmed Khan Leghari announced that the first 200MW electricity transaction under the Competitive Market Operations Date regime is set for completion by June, marking a key step in Pakistan's power market reforms.
Water, Power, Gas Outages Continue in Ramazan
Pakistani citizens face severe disruptions in water, electricity, and gas supplies during Ramazan, with no relief in sight despite government promises.
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Electricity Bills May Increase by Rs1.78 per Unit
Electricity consumers in Pakistan face a potential one-month increase of Rs1.78 per unit as NEPRA reviews a fuel cost adjustment petition. The regulator also held hearings on tariff restructuring that includes industrial relief and new fixed charges for h
NEPRA Net Billing Hurts Solar Growth, Climate Pledges in Pakistan
NEPRA's shift from net metering to net billing penalizes rooftop solar users, threatening Pakistan's renewable energy goals and economic stability amid rising circular debt.
Pakistan Targets 90% Clean Energy by 2034, NA Told
Minister for Power Sardar Awais Leghari announced Pakistan will achieve 90% clean energy in power generation by 2034, with 55% already from clean sources in 2024-25. The NA also discussed net billing, circular debt reduction, and polio eradication efforts
Government Announces New Power Tariff Structure
The government has introduced a new power tariff structure, leading to increased electricity bills for consumers. This move aims to address fiscal challenges but raises concerns about affordability.
PM Shehbaz Orders Review of NEPRA Prosumer Rules
Prime Minister Shehbaz Sharif has taken notice of NEPRA's new prosumer regulations, directing authorities to review the policy to ensure it supports renewable energy adoption and protects consumer interests in Pakistan.
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Energy Poverty Crisis: Over 1 Billion Without Electricity
Despite global energy demand surging, over 1.18 billion people lack electricity access. Satellite data reveals the true scale of energy poverty, with Sub-Saharan Africa most affected. Renewable energy offers hope but faces investment and governance challe
NEPRA Weighs Fixed Charges for Small Power Users Post Net Metering
Pakistan's NEPRA is evaluating fixed monthly charges for small electricity consumers after net metering changes, potentially impacting household bills and renewable energy adoption nationwide.
Greenland Ice Melt Endangers Traditional Seal Hunting
Hunter Malik Kleist in Sisimiut struggles as sea ice fails to freeze, forcing longer voyages to find seals. Arctic warming accelerates, disrupting centuries-old hunting traditions in Greenland.
Minister Defends Net Metering Abolition Amid Senate Fury
Pakistan's Power Minister justifies the move to abolish net metering, citing legal compliance, while facing strong opposition and criticism in the Senate over the decision.
Pakistan's Clean Energy Legacy for Future Generations
Pakistan's transition to clean energy is crucial for environmental sustainability and economic growth, aiming to leave a healthier planet for future generations.
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China's Solar Policy Shift to Raise Global Prices, Hit Pakistan
China's removal of VAT export rebates on photovoltaic products from April 2026 is expected to increase global solar module prices by up to 9%, directly affecting Pakistan's reliance on Chinese imports amid rising raw material costs.
NEPRA mulls Rs1.41/unit hike; daytime power package planned
Pakistan's electricity consumers may face a Rs1.41 per unit increase in bills as NEPRA reviews CPPA's FCA petition. The government plans a daytime-specific package to boost consumption and offset solar energy's grid impact.
Industrial Power Tariff Cut to Revive Pakistan's Manufacturing Sector
Pakistan's government reduces electricity tariffs for industries to lower production costs and stimulate exports, while addressing power sector finances and circular debt. The move aims to enhance industrial competitiveness but raises concerns about equit
NEPRA Public Hearing on Net Metering Changes
NEPRA schedules a public hearing on February 6 to discuss Prosumer Regulations 2025, which propose major changes to net metering, including lower buyback rates and reduced contract terms, impacting solar users nationwide.
NGC Ensures Uninterrupted Power for Lahore Basant 2026
National Grid Company of Pakistan deploys emergency teams and monitoring systems to guarantee smooth electricity supply during Lahore's Basant celebrations from February 6-8, 2026, with public urged to follow safety protocols.
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LNG Explosion, Fire Kill Worker at Hyderabad CNG Station
A massive explosion and fire at a CNG station in Hyderabad killed an employee, marking the third such incident on the bypass road in two months. The blaze involved an LNG truck and storage room, spreading panic but causing no other direct casualties.
Gas Discovery Announced by Mari Energies in Dera Bugti
Mari Energies has announced a significant natural gas discovery in the Dera Bugti district of Balochistan, marking a potential boost for Pakistan's energy sector and local economy.
Australian Companies Eye Reko Diq Mining Project in Pakistan
Australian companies express keen interest in Pakistan's Reko Diq copper-gold project, with discussions on bilateral mining cooperation and potential Intergovernmental Agreement.
Govt Drops APL Pipeline Termination, Chooses Alternative Use
The government has decided against unilaterally terminating the Asia Petroleum Limited agreement, instead pursuing alternative pipeline use for white oil imports to maintain investor confidence.
Sindh Distributes 170,383 Solar Kits Under Renewable Energy Project
The Sindh government has provided 170,383 Solar Home Systems to households under the Sindh Solar Energy Project, aiming to reach 200,000 homes by 2025 to enhance clean energy access.
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Petroleum Imports Down 1.26% to $7.98B in H1
Pakistan's petroleum group imports decreased by 1.26% to $7.98 billion in the first half of the fiscal year, reflecting shifts in energy consumption and economic adjustments.
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