The Economic Coordination Committee (ECC) of the Cabinet Tuesday prioritized the gas management and the CNG was placed as the last priority. It was decided that first priority order will be given to the domestic and commercial sectors. The power & general industries sectors will be accorded second and third priority respectively. Whereas cement […]
Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday felicitated the Pakistani nation on the eve of the New Year and termed year 2013 as “year of change”. In his felicitation message to the nation, Imran Khan termed year 2013 as “year of change” and urged the people to vote for a change in year […]
Jan 1 2013 | Posted in
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The Supreme Court on Friday announced its verdict on the case related to the pricing of Compressed Natural Gas (CNG) and declared the pricing formula prepared by the Oil and Gas Regulatory Authority (OGRA) as void. A two-member bench of the apex court, comprising Justice Jawad S Khawaj and Justice Khilji Arif Hussain, ordered it […]
The Supreme Court of Pakistan on Thursday ordered Oil and Gas Regulatory Authority (OGRA) to cancel the licenses of CNG stations that are not willing to get their accounts audited. A two-member bench of the apex court headed by Justice Jawad S Khawaja resumed the hearing of a case pertaining to the price of […]
Dec 6 2012 | Posted in
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Rejecting a request submitted by the CNG station owners seeking an increase in the price of per kilogram price of Compressed Natural Gas (CNG), the Supreme Court sought records pertaining to the details of their tariff accounts. A two-member bench of the apex court headed by Justice Jawwad S Khawaja resumed hearing of the […]
Pakistan is rich in natural resources and by far, natural gas has been one of the most beneficial for the people of the nation thus far. It is clean, environmentally friendly and extremely cheap, well for now. But if we continue using it like there is no tomorrow and thinking “Allah is naimat ko khatam […]
Opposing the court’s interference in CNG prices issue, Federal Information Minister Qamar Zaman Kaira has said CNG pricing and Kala Bagh dam are public related matters which should be decided in the parliament. The minister while speaking to the media following a Conference on Disaster Management of SAARC countries warmed the government would also complicate […]
Nov 2 2012 | Posted in
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The Supreme Court on Thursday ordered Oil and Gas Regulatory Authority (OGRA) to maintain the current prices of CNG until the next hearing of the case pertaining prices of petroleum products. A two-member bench of the apex court headed by Chief Justice Iftikhar Mohammad Chaudhary resumed the hearing of the case in which the OGRA […]
Information Minister Qamar Zaman Kaira has announced the caretaker government would take over around March 18, 2013 following the completion of the five-year term of the government, while general elections would be held 40 days after the caretaker set up took over. Addressing a press conference, the minister said that there was a baseless propaganda […]
Nov 1 2012 | Posted in
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Declaring linkage of CNG (Compressed Natural Gas) prices with those of other petroleum products illegal, the Supreme Court of Pakistan on Thursday issued an interim order in a case about weekly review of gas prices. A two-member bench of the apex court headed by Chief Justice Iftikhar Muhammad Chaudhary ruled that the court said that […]
Lashing out at bureaucracy, the Supreme Court Wednesday questioned the method for reviewing petroleum prices on a weekly basis and its linkage to CNG (Compressed Natural Gas) prices. A two-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry heard the case on mechanism of fixing petroleum prices and of linking prices of gas to petrol. […]
In its weekly revision of petroleum prices, the government has dropped another petrol bomb on poverty-stricken masses, by increasing prices of petroleum products up to seven rupees. Taking effect from September 17 (Today), the Oil & Gas Regulatory Authority (OGRA) has notified the change of petroleum products prices once again. Earlier, the ministry of finance […]