State Bank of Pakistan Relaxes Energy Import Rules with Temporary CIF Approval to Secure Fuel Supply
SBP issues a 60-day waiver on petroleum import regulations allowing CIF basis shipments to mitigate energy supply risks amid global shipping and geopolitical volatility.
From Hormuz to Karachi: War, Oil, and the Economic Fault Lines Beneath Pakistan
Rising tensions around the Strait of Hormuz are sending oil price signals across global markets, with direct consequences for Pakistan’s inflation, currency stability, energy imports, and overall economic outlook.
Pakistan’s Economic Stability Threatened by Energy Dependence on Strait of Hormuz
Pakistan’s reliance on oil imports via the Strait of Hormuz exposes the country to severe economic risks, highlighting the urgent need for energy diversification, renewable investment, and strategic reserves.
OGRA Orders Fuel Stockpiling as Middle East Conflict Raises Energy Security Concerns for Pakistan
OGRA directs refineries and oil marketing companies to maintain higher petroleum reserves amid escalating Middle East tensions involving the US, Israel, and Iran, as Pakistan moves to safeguard energy supply.
OGDCL Discovers Significant Oil and Gas Reserves in Khyber Pakhtunkhwa, Pakistan
OGDCL announces a major oil and gas discovery at the Baragzai X-01 well in District Kohat, producing 3,100 BOPD and 8.15 MMSCFD gas, strengthening Pakistan’s energy security and hydrocarbon reserves.
OGDCL Achieves 1,100 BPD Production with New Pasakhi-14 Well in Hyderabad
Oil & Gas Development Company Limited (OGDCL) has commenced production from its new Pasakhi-14 well, achieving 1,100 barrels per day (BPD) from the Hyderabad district. The project, utilizing advanced drilling technologies, marks a significant step in strengthening Pakistan’s energy security and OGDCL’s commitment to increasing national oil production.
Pakistan’s major dams reach maximum capacity, boosting water and energy security
Pakistan’s major reservoirs, including Mangla, Tarbela, and Chashma, have reached their maximum capacity, a development set to strengthen agricultural irrigation and hydropower generation while improving the country’s overall water and energy security.