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Pakistan to sign long-delayed refinery deals unlocking more than $6 billion in planned upgrades

ISLAMABAD: Pakistan is set to sign long-delayed agreements with five oil refineries, unlocking more than $6 billion in planned upgrades to modernize aging plants and cut reliance on fuel imports, officials said. But industry warnings that changes to the financial framework could derail the projects overshadowed the announcement. The agreements with Pak-Arab Refinery Ltd., Pakistan ... Read more

The post Pakistan to sign long-delayed refinery deals unlocking more than $6 billion in planned upgrades appeared first on BOL News.

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Pakistan returns to spot LNG market with fresh tender as power generation takes a hit

KARACHI: State-run Pakistan LNG Limited (PLL) has issued a fresh tender to procure one spot cargo of liquefied natural gas for delivery between September 4 and 8, as global supply disruptions stemming from the Middle East war continue to strain the country’s gas-fired power generation. PLL invited bids from international suppliers for a single cargo ... Read more

The post Pakistan returns to spot LNG market with fresh tender as power generation takes a hit appeared first on BOL News.

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