/ Jun 09, 2026

Focus Pakistan

RECENT NEWS

Business

Pakistan secures relief on LNG terminal capacity payments from Engro Elengy and Pakistan GasPort after Qatar force majeure declaration

Pakistan Cuts $15m Monthly LNG Bill After Negotiations With Terminal Operators

KARACHI: Pakistan was successful in obtaining a notable benefit regarding its payments on LNG terminal capacity on Thursday through negotiations with the two private terminal operators Engro Elengy Terminal Pakistan Limited and Pakistan GasPort Consortium Limited. The benefit comes after the declaration of force majeure by Qatar on LNG supplies following regional conflict, which placed ... Read more
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Nishat Chunian Properties wind up recommended by NCL board at PSX filing May 22 2026

Nishat Chunian Moves to Shut Down Property Unit Without Financial Details

LAHORE: The Board of Directors of Nishat Chunian Limited suggested that the company should wind up its wholly owned subsidiary, Nishat Chunian Properties Private Limited. This recommendation has been made following the notification issued to the Pakistan Stock Exchange. The move signifies yet another restructuring measure adopted by one of Pakistan’s leading industrial conglomerates. Nishat ... Read more
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State Bank of Pakistan SBP foreign exchange reserves increase $1.21 billion to $17.08 billion week ended May 15 2026

SBP Foreign Exchange Reserves Rise $1.21bn to $17.08bn During Week Ended May 15

ISLAMABAD: State Bank of Pakistan has indicated signs of improvement in the country’s economy after an increase of US$1.21 billion or 7.65% week-on-week in its foreign currency reserves, bringing the reserves up to US$17.08 billion for the week ending May 15, 2026. The impressive week-on-week rise resulted in national liquidity reserves amounting to US$22.59 billion. These ... Read more
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Mari Energies Limited shareholders approve PKR 2.44 billion equity injection for GEM Project at Sachal Gas Processing Complex

Mari Energies Approves PKR 25 Billion Backing for GEM Clean Energy Project

KARACHI: Mari Energies Limited shareholders approved the aforementioned financial package for funding the GEM Project of Mari Energies Limited, which is a joint venture for both greenhouse gas reduction and energy generation located close to Sachal Gas Processing Complex in Pakistan. Mari Energies has proposed two special resolutions for approval via Section 199 of the Companies ... Read more
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Federal Minister Ali Pervaiz Malik witnesses the signing of 21 Production Sharing Agreements under Pakistan's Offshore Bid Round 2025 covering Indus and Makran offshore basins.

Pakistan Opens 54,600 Sq Km Sea Area for Major Offshore Drilling

Pakistan has been negligent about its offshore energy prospects for nearly twenty years by relying on costlier fuel imports to satisfy their energy needs. Pakistan’s government is now taking steps to repair the past neglect of its energy resources. Contracts have been signed for all twenty-one Production Sharing Contracts and Exploration Licenses for Pakistan’s Offshore ... Read more
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