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Tag: Petroleum Division

Minerals

Pakistan and France join hands to explore opportunities in minerals

ISLAMABAD, November 12, 2025: The Government of Pakistan, in collaboration with the Embassy of France in Pakistan, hosted a high-level webinar titled “Pakistan’s Minerals Economy: Gateway to Growth” to highlight the country’s vast mineral resources and promote investment opportunities for French companies and investors in the minerals and mining sector. The event was co-chaired by […]
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Pakistan to Request Qatar to Defer 177 LNG Cargoes Worth $5.6B Amid Declining Demand

Pakistan Seeks to Defer $5.6 Billion LNG Cargoes From Qatar Amid Falling Gas Demand

ISLAMABAD: Pakistan is preparing to formally request Qatar to defer the delivery of 177 liquefied natural gas (LNG) cargoes over the next five years, citing a steep decline in domestic gas consumption across the power and export sectors. According to senior officials at the Petroleum Division, the government will propose shifting these shipments—originally due between October […]
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Petroleum Audit

Petroleum Audit Exposes Trillion-Rupee Crisis in Pakistan’s Energy Sector

A sweeping petroleum audit conducted by the Auditor General of Pakistan has brought to light financial and administrative irregularities exceeding Rs2.05 trillion, sending shockwaves through policy, regulatory, and energy circles. The findings paint a troubling picture of systemic weaknesses, weak oversight, and long-standing inefficiencies across institutions operating under the Petroleum Division. The petroleum audit underscores […]
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Pakistan RLNG supply challenge

Pakistan Faces Critical RLNG Supply Challenge as Government Initiates High-Stakes Negotiations with Qatar

ISLAMABAD: Pakistan is confronting a significant RLNG supply challenge as the government moves swiftly to renegotiate critical LNG contracts with Qatar amid looming price revision clauses set for March 2026. The country’s energy sector faces mounting pressure due to disruptions in regasified liquefied natural gas availability and shifting global LNG market dynamics. Complex Factors Worsen […]
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Brownfield Refinery Policy

Brownfield Refinery Policy Gets Critical Deadline

Pakistan’s energy sector has reached a critical juncture as the government prepares to issue final, non-extendable timelines to resolve long-standing tax disputes linked to the Brownfield Refinery Policy. The Petroleum Division has signaled that revisions to the policy must be finalized by September, a move aimed at unlocking nearly $6 billion in stalled refinery upgrade […]
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