The joint venture partners are raising concerns about the gas deal that Pakistan’s MOL concluded with a private company without submitting bids – Trendy Blogger

The joint venture partners are raising concerns about the gas deal that Pakistan’s MOL concluded with a private company without submitting bids

 – Trendy Blogger

MOL Pakistan’s gas sale deal with Universal Gas Distribution Company Ltd (UGDCL) from the newly developed Razgir field has drawn criticism from its joint venture partners and other private gas distribution companies, who claim that the gas sale bypassed the mandatory competitive bidding process. dawn I mentioned. This is the first deal of its kind … Read more

OGRA recommends raising gas prices for SNGPL and SSGC – Trendy Blogger

OGRA recommends raising gas prices for SNGPL and SSGC

 – Trendy Blogger

The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in gas prices for the current financial year, with separate adjustments for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC). Under the requirement set by the International Monetary Fund (IMF) for timely notification of gas tariffs. According to media reports, … Read more

Pakistan IPO market rebounds with five new listings in 2024, raising Rs8.4 billion – Trendy Blogger

Pakistan IPO market rebounds with five new listings in 2024, raising Rs8.4 billion

 – Trendy Blogger

Pakistan’s IPO market witnessed a strong recovery in 2024, with five IPOs raising PKR 8.4 billion, reflecting renewed investor confidence amid improving economic conditions. According to a report by Arif Habib Limited, key economic indicators such as downward inflation trend, monetary easing, stable currency and $7 billion IMF Expanded Financing Facility have collectively created a … Read more