Pakistan’s Civil Administration and Pension Costs Keep Rising Despite Cuts
Despite government efforts to reduce spending by downsizing ministries and abolishing thousands of vacant positions, Pakistan’s expenditure on civil administration and pension payments continues to grow at a fast pace. Latest data from the Ministry of Finance shows that the first quarter of FY26 recorded another sharp increase, highlighting persistent financial pressures. Between July and […]
Pakistan to Sell Surplus LNG Abroad and Attract Major Foreign Energy Investment
Pakistan is set to start selling its surplus liquefied natural gas (LNG) in international markets from January 1, the Petroleum Minister Ali Pervaiz Malik announced. The move comes as the country faces an oversupply of imported gas, which has caused financial strain on domestic producers and contributed to mounting circular debt in the energy sector. […]
OGDC Gears Up for Major Expansion of Shale and Tight Gas Projects to Cut LNG Dependence
Pakistan’s state-owned Oil & Gas Development Company (OGDC) is preparing for a significant expansion of unconventional gas projects, aiming to increase domestic gas production and reduce reliance on imported liquefied natural gas (LNG). The company plans to kick off new developments early next year, focusing on both shale and tight-gas reserves across the country. According […]