The resumption of supplies from Sefe is crucial for GAIL, which reported an almost 93% slump in its December quarter profit due to lower gas sales triggered by supply disruptions.
The first price hike since April 2019 will also up the cost of generating electricity but it may not reflect in consumer bills as the share of power produced from gas is very low.
Pakistan will have a majority share of 51% to 74% in the project, while Russia will own the remainder, said PM Imran Khan's petroleum adviser Nadeem Babar.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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