Stories by Khaleeq Kiani

Pakistan secures 3 bids for spot LNG cargoes

State-run Pakistan LNG Limited secures three bids at $17.997 to $18.88 per million British thermal units for delivery between April 27 and May 8. Published 24 Apr, 2026 07:52pm

Electricity shortfall spurs LNG spot buying

PLL floats tenders for three urgent cargoes Published 24 Apr, 2026 05:03am

‘Country needs over 70,000MW more by 2035’

Govt revises capacity generation expansion plan to meet economic growth Published 24 Apr, 2026 05:03am

At least 62,000MW more needed by 2035 to support economic growth

The solar power capacity expansion has been projected at 11,544MW for low GDP growth and 13,200MW for high growth. Updated 24 Apr, 2026 07:29pm

ADB deepens Pakistan engagement with $3.67bn commitments, targets fiscal reform and minerals

Financial support commitments reported in 2025 Annual Report; bank says Pakistan continues to face fiscal pressures. Published 23 Apr, 2026 03:11pm

Pakistan seeks three spot LNG cargoes in first tender since Dec 2023

Awais Leghari notes tender aimed at meeting rising power demand; says Pakistan is not sure when it will get more cargoes from Qatar. Updated 24 Apr, 2026 07:25pm

Attock refinery operations normalise as transport links restored

Intervention and support by Petroleum Minister Ali Pervaiz Malik and the General Headquarters restored road transport, the refinery’s management confirmed. Updated 23 Apr, 2026 10:41am

ARL shuts main crude plant amid road closures

ISLAMABAD: In a major setback, Attock Refinery Limited (ARL) — the only oil refinery in the north of the country... Published 23 Apr, 2026 07:58am

Govt orders probe into costly off-grid power purchases by Discos

Distribution companies were buying electricity from small producers and captive power plants thru bilateral contracts at rates... Published 23 Apr, 2026 07:19am

Discos found purchasing power outside national grid at exorbitant rates

Power minister takes notice, orders an independent probe. Published 22 Apr, 2026 07:36pm

Attock refinery announces closure of main crude plant amid road closures

Refinery caters to fuel requirements of almost all of central and northern Punjab as well as KP, AJK and GB. Published 22 Apr, 2026 01:21pm

Govt invites bids from financiers as it eyes more borrowing

Seeks proposals from global consortiums to act as underwriters, lead managers, book runners. Updated 22 Apr, 2026 07:30am

PM steps in for restoration of coal supply to Sahiwal power plant

Govt reshuffles railway freight team to save national grid. Updated 22 Apr, 2026 08:26am

Pakistan upsizes Eurobond to $750m

Strong investor demand drives expansion via greenshoe option Published 21 Apr, 2026 07:13am

Subsidy burden, oil surge will weigh on economic growth

Minister says Rs173bn taken from PSDP to finance fuel subsidies Published 21 Apr, 2026 07:10am

Govt forsees economic slowdown during current, next fiscal years due to Middle East war

Planning minister says govt slashed PSDP spending by Rs173bn to Rs837bn from the Rs1.01 trillion target set in the budget. Updated 20 Apr, 2026 09:27pm

Pakistan increases Eurobond from $500m to $750m

"Upsizing reflects stronger-than-expected investor demand, reinforcing confidence in Pakistan’s economic outlook," the adviser to the finance minister says. Updated 20 Apr, 2026 08:01pm

Pakistan engages IFC for investors in installation of 10m smart meters across all Discos

The reform seeks to replace legacy systems with modern infrastructure to enhance transparency, operational efficiency. Published 20 Apr, 2026 02:55pm

Pakistan, Qatar close in on four LNG cargoes

Islamabad requests Doha for supply amid renewed possibility of ships passing through Hormuz Published 20 Apr, 2026 06:58am

Pakistan in discussion with Qatar for supply of LNG cargoes amid electricity shortfall

Pakistan has requested Qatar, at the highest level, to provide at least four LNG cargoes stranded due to Hormuz closure, say sources. Published 19 Apr, 2026 07:46pm