“Tal” gas likely next month: PPL chiefTFD Report
The much-awaited gas production from Tal block is likely to commence next month but it's too early to say if the output will actually meet earlier expectations, Khalid Rahman, MD & CEO of Pakistan Petroleum Limited (PPL) told The Financial Daily more...
Pakistan, Iran finally sign gas pipeline accord
The long-delayed agreement was inked by the countries’ presidents on the sidelines of an ongoing summit in Tehran more... (D)
Raise in deemed duty for refineries proposed
The subcommittee of the Economic Co-ordination Committee (ECC) of the Cabinet has decided to increase deemed duty from current 7.5 percent to 10 percent, placing an upper cap at $80 per barrel crude oil in international market for oil refineries. These oil refineries include National Refinery Limited (NRL), Pakistan Refinery Limited (PRL), Attock Oil Refinery and Bosicor Pakistan Limited (BPL) more... (BR)