PSO Cuts Trade Receivables to Rs414.8 Billion as Petroleum Sales Reach Rs2.41 Trillion
Pakistan State Oil reduced trade receivables by Rs22.7 billion in FY26 as petroleum sales increased, while LNG revenues and profitability remained under pressure.
Provinces Seek Representation in Ogra as CCI Role in Oil and Gas Faces Dispute
Punjab has sought provincial representation in Ogra, while Sindh, Khyber-Pakhtunkhwa and Balochistan have raised constitutional concerns over reducing the CCI’s role in oil and gas affairs.
Ogra Flags LPG Pricing Gaps as Policy Revision Remains Pending Since 2023
Ogra and the Petroleum Division have identified distortions in Pakistan’s LPG pricing framework, while the National Price Monitoring Committee ordered corrective action on LPG and food quality.
Pakistan’s Refineries Cross $1 Billion Export Mark for First Time in FY26
Pakistan’s five major refineries generated an estimated $1.046 billion in exports during FY26, marking the first time the sector crossed the $1 billion export threshold.
OGRA Launches Real Time Digital Petroleum Stock Tracking System
OGRA is developing a digital system to track petroleum stocks in real time through ERP systems and Automatic Tank Gauging sensors, improving supply chain visibility.
Power Division Asked to Provide Payment Plan for Mounting SNGPL Receivables
Petroleum Division has sought a workable payment plan from Power Division for SNGPL’s outstanding indigenous gas and RLNG dues, with timelines for settlement.
Pakistan and Gunvor Group Reaffirm Petroleum Sector Investment Commitment
Pakistan and Switzerland-based Gunvor Group reaffirmed cooperation in refinery modernisation, petroleum reforms, oil price deregulation and investment to strengthen the country’s energy security.
RLNG Prices Jump 32 Percent In August To Reach Record High Across Pakistan
RLNG prices in Pakistan have increased by 32 percent in August 2026, reaching a record high and raising energy costs for industrial and commercial consumers.
OGRA Increases Petrol and Diesel Prices Under Daily Fuel Revision Formula
OGRA raises petrol and high speed diesel prices following international crude surges and daily fuel price revision mechanism implementations.
Ministry of Finance Notifies New Head of Account for Petroleum Prices Stabilisation Fund
The government has officially established a Public Account head for the Petroleum Prices Stabilisation Fund to manage energy price shocks and capture fuel import discounts.