Refineries Sound Alarm Over OGRA Policies, Warn of Disruptions in Pakistan’s Fuel Supply
Pakistan’s leading oil refineries have expressed serious concern over regulatory uncertainty and import-friendly practices by the Oil and Gas Regulatory Authority (OGRA), warning that the situation is discouraging local fuel production and disrupting the national supply chain. In a joint letter addressed to the Chairman of OGRA after the Product Review Meeting (PRM) held on […]
Pakistan Secures $730 Million ADB Financing to Strengthen Power Grid and Reform State-Owned Enterprises
Pakistan and the Asian Development Bank (ADB) have signed financing agreements worth $730 million to support two major development projects aimed at improving the country’s power transmission system and accelerating reforms in state-owned enterprises (SOEs). According to the Economic Affairs Division, the agreements include $330 million for the Second Power Transmission Strengthening Project and $400 […]