oil and gas Archives

Dec25
Pakistan is determined to build gas pipeline with Iran
Pakistan’s President Pervez Musharraf announced that his government is ready to go ahead with the pipeline project between Iran and Pakistan. Earlier, India was involved in this project but backed off for its political tension with Pakistan. Recently, Pakistan’s Foreign...
Dec12
Pakistan's rising fuel price raises demand of smuggled petroleum
Due to price increase of petroleum, smuggled petrol from Iran has become very popular in Pakistan. This is hearting the local businessmen. According to the report published in paktribune.com, because of smuggled petroleum, Pakistan government is loosing Rs. 5... Continue Reading
Jun25
Pakistan to become more dependent on Imported Oil
Pakistan's economic growth is increasing the demand for energy continuously and that is why Pakistani decision makers are now increasing getting worried about the bill of oil import. Continue Reading
May17
Oil price hurting Sri Lankan Economy
Before the price hike began Sri Lanka used to spend around $800 million on oil import. However, last year, Sri Lanka had to pay $1.64 billion for oil import. Continue Reading
May13
Pakistan: Trade deficit doubles because of high oil price
Rising price of oil in international market has caused Pakistan to suffer a huge $9.427 billion trade deficit in the first 10 months (July 2005-April 2006) of 2005-06 fiscal year. Continue Reading
May10
Indian oil import expense becoming too high! What should India do?
In 2005-06 Indian oil import bill reached to $44.64 billion and it was 52% more than the previous year. In last fiscal year, 99.4 million tonnes of crude oil were imported by India for a price of $ 38.77 billion while 11.67 million tonnes of petroleum products cost for $ 5.86 billion. Continue Reading
 


Pakistan: Oil price increases
ADB: International Oil price may hurt Indian GDP growth
India and Uzbekistan for Energy cooperation
India flowing with Wind energy
Chevron Corp. investing in India
India exploring energy in Uzbekistan
India: State run oil firms Suffering huge Loss
$7 billion investment for India's energy sector

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