Pakistan signs gas supply agreement with Azerbaijan
WEB DESK: The Pakistan State Oil (PSO) has formalised a landmark Sale Purchase Agreement (SPA) with the State Oil Company of the Republic of Azerbaijan (SOCAR) to enhance the supply of petroleum products in Pakistan. PSO has said in its notice to the Pakistan Stock Exchange (PSX) on Thursday that
Thieves steal fuel worth millions of rupees from PSO pipeline
In a major fuel theft, culprits have stolen diesel worth over Rs8 million from a Pakistan State Oil (PSO) pipeline in the Humak area over the past three months. A case has been lodged at the Humak police station under Section 462-B of the Pakistan Penal Code (PPC), following a
Govt clarifies stance on lifting ban on new domestic gas connections
Minister for Petroleum Division, Dr. Musadik Masood Malik, informed the National Assembly on Thursday that the government will not lift the moratorium on new domestic gas connections due to the ongoing shortage of indigenous gas in Pakistan. The country’s natural gas resources are depleting at a rate of 7-8% per
Oil tanker owners announce suspension of petrol, diesel supply
The Oil Tankers Owners' Association has declared a suspension of petrol and diesel supply from April 16.
