LPG Pricing Gaps Raise Market Concerns as Official and Retail Rates Diverge

ISLAMABAD: Pakistan’s authorities have identified significant gaps in the existing liquefied petroleum gas (LPG) pricing mechanism, with officials warning that the current formula is creating market distortions and widening the difference between notified and actual consumer prices. The issue was discussed during a meeting of the National Price Monitoring Committee (NPMC), where the Oil and…

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GIDC Bill Stalls as Rs453 Billion Remains Unrecovered

Pakistan’s long-running Gas Infrastructure Development Cess (GIDC) controversy has entered a fresh phase, with Rs453 billion still awaiting recovery from defaulters while another Rs295 billion reportedly remains unutilised. The issue has resurfaced as the government seeks to amend the GIDC law and expand the permissible use of funds collected under the levy. The proposed GIDC…

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