Posted inBusiness

E&P firms seek Rs75b tariff subsidy

ISLAMABAD: Petroleum exploration and production (E&P) companies have informed the federal government that the payables of gas utilities to foreign firms have mounted to $600 million and called for allocating a tariff differential subsidy of Rs75 billion to avert collapse of Pakistan’s upstream petroleum sector. In a letter written to the minister of petroleum, Pakistan […]

Gift this article