The Senate Standing Committee on Petroleum again deferred its review of Jamshoro Joint Venture Ltd.’s ownership, while renewing questions about domestic gas supplies to the company amid shortages at public-sector power plants. Officials briefed the panel on daily fuel-price calculations, stocks and a government subsidy scheme that has registered about 10 million people. Senators criticized Inter Gas System for laying off 15 employees and ordered it to provide its dismissal criteria and a list of affected staff. The committee also faulted a three-year delay to a gas-connection project in Quetta, rejecting an increased cost demand on residents and suggesting pipeline construction proceed before supply restrictions are lifted. Discussion of Pakistan Petroleum Ltd.’s proposed move of its headquarters from Karachi to Islamabad was also postponed.

CPPA-G has petitioned NEPRA for a Rs3.369 billion revenue requirement for FY2026-27, equivalent to a proposed monthly fee of Rs14.47 per kilowatt. The request covers establishment and administrative costs, operations, capital spending, new hires, taxes and employee loan advances, with adjustments for prior-year items and other income. NEPRA will hold a public hearing on October 27 to assess the proposed costs and tariff, including whether CPPA-G has grounds to seek a single-year rather than multiyear tariff.

Pakistan’s parliamentary petroleum committee pressed for clearer disclosure of how fuel prices are calculated and questioned the petroleum levy’s evolution into a regular revenue source. Officials said petrol and diesel prices use a published formula tied to international prices, exchange rates and Pakistan State Oil data, while the government seeks to cushion consumers from rising global costs. Four of five refineries have signed modernization agreements. Lawmakers also examined fuel smuggling, higher-sulphur products and their environmental effects, gas-sector liabilities, proposed commercial gas sales, cheaper fuel for farmers, and the allocation of Rs1 billion for gas schemes near oil and gas wells.

Nepra approved a fuel cost adjustment of Rs1.1086 per kilowatt-hour for electricity consumed in August, below the Rs1.7267/kWh requested by the Central Power Purchasing Agency-Guarantee. The surcharge will appear in October 2026 bills for most customers of ex-Wapda distribution companies and K-Electric, with exemptions for lifeline consumers, certain prepaid customers and electric-vehicle charging stations. It reflects the difference between actual fuel costs of Rs8.2084/kWh and a reference cost of Rs7.0998/kWh; bills issued before notification may include the charge the following month.

IRSA forecasts a 22% irrigation water shortage for Punjab and Sindh during the October–March Rabi season, with the shortfall likely to affect crops including wheat, tobacco, barley and vegetables. Provincial withdrawals are set at 29.183 million acre-feet, against anticipated inflows of 21.268 MAF, and the authority will review the shortage periodically. Kharif inflows, storage and downstream releases were all below anticipated or comparative levels, while provincial water use fell below Water Accord shares. IRSA urged WAPDA to complete the delayed T4 LLO and T5 hydropower projects and approved a tentative 21-day Chashma Barrage closure beginning December 26, 2026.

Pakistan's Privatisation Commission has prequalified nine domestic and international investor groups, including three Turkish energy companies, to bid for a 51–100 per cent stake and management control of Gujranwala Electric Power Company. Nine of 11 applicants will proceed to due diligence; K-Electric withdrew, while another applicant failed to submit required documents. The board also revived plans to outsource or grant concessions for Lahore, Karachi and Islamabad airports and directed advisers to speed up the privatisation of House Building Finance Company and Zarai Taraqiati Bank.

Pakistan’s merchandise trade deficit widened 6.2% year-on-year to $3.56 billion in September 2026, as imports grew 11.1% to $6.49 billion, outpacing the 17.6% rise in exports to $2.94 billion in absolute terms. The deficit increased 15.3% to $10.8 billion in the first quarter of fiscal 2026–27. The article also notes that the deficit had risen 21.6% over fiscal 2025–26, while the services trade deficit narrowed year-on-year in August and across July–August.

Pakistan’s annual inflation eased to 10.3% in September from 11.1% in August, as food inflation slowed sharply. The decline was tempered by rising costs for transport, housing, utilities and fuel, while wholesale price growth accelerated to 13.3%, indicating that consumer price pressures may strengthen in coming months. Urban and rural inflation and core inflation also eased. Prices varied widely across food items: onions, wheat and several other staples rose substantially, while potatoes, chicken, eggs and sugar became cheaper.

Pakistan’s Oil and Gas Regulatory Authority raised the regulated LPG price for October by 8%, to Rs279.34 per kilogram. An 11.8-kg household cylinder now costs Rs3,296.23, Rs244 more than in September, while a 45.4-kg commercial cylinder rose by Rs939 to Rs12,682. The increase follows price rises in August and September after a sharp July cut linked to falling Saudi Aramco contract prices and a stronger rupee. Higher prices particularly affect lower-income households and communities without piped natural gas; taxes and related charges make up a substantial share of the regulated price.

Pakistan’s National Electric Power Regulatory Authority has proposed changes to electricity consumer rules, including grid-sharing charges for buildings requiring transformers above 500 kVA and up to three industrial connections at one site, with a combined load capped at 15 MW under specified conditions. The proposals set cost-sharing requirements for larger loads, establish separate connection rules for steel furnaces, and could allow electricity-theft detection bills of up to 12 months for most tariff categories, while domestic consumers remain limited to six months. They also revise temporary-disconnection requirements and would remove the capped per-unit margin for electric vehicle charging stations. Nepra is seeking public comments within 30 days; the proposals are not final.