Khaleeq Kiani

The minister also emphasised that the study should provide a “pragmatic and implementable” solution suited to the country's requirements and help

Petroleum Minister Ali Pervaiz Malik held a meeting with Wood Mackenzie, which was selected to undertake the study following a competitive tender process that attracted four bids.

The power division and Nepra flag inefficiencies in imported coal procurement, warning they are adding to the cost of electricity.

“He emphasised the need to transition to a single, fair gas price for all consumers, while vulnerable segments be protected through targeted social protection programmes.

Minister says vulnerable consumers should receive targeted support

They also questioned the tariff rebasing introduced with effect from Jan 1, saying the benchmarks were lowered to reduce the budgeted subsidy, but

Pakistan's Federal Minister for Petroleum Ali Pervaiz Malik said the government was already working with the World Bank on comprehensive gas sector reforms – aimed at addressing structural challenges and creating a more efficient, sustainable, and financially viable gas sector.

The prequalified parties will now proceed to the next stage of the transaction in accordance with the approved process.

K-Electric withdraws, Chinese company rejected