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Forum warns against costly long-term energy contracts

ISLAMABAD: The Parliamentary Forum on Energy and Economy has urged the government to avoid entering into long-term energy contracts that could expose Pakistan to costly take-or-pay obligati

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Forum warns against costly long-term energy contracts — Oil & Gas, Power, Economy | Shariah PSX

Desk Analysis

How This Affects the Exchange

Sector Effect

Positive · Buy bias

Constructive read for Oil & Gas, Power, Economy — watch listed names for follow-through.

Sectors & Direction

Desk read

Desk call: Buy bias · Positively affected

  • Oil & GasPositively affected
  • PowerPositively affected
  • EconomyPositively affected

Companies

OGDC · Buy biasPPL · Buy biasMARI · Buy biasPSO · Buy biasSNGP · Buy biasATRL · Buy bias

Companies Mentioned

  • · Positively affected · Buy bias
  • · Positively affected · Buy bias
  • · Positively affected · Buy bias
  • · Positively affected · Buy bias
  • · Positively affected · Buy bias
  • · Positively affected · Buy bias

Mentions in This Briefing

Sectors: Oil & Gas, Power, Economy — Positive · Buy bias. PSX tickers: OGDC, PPL, MARI, PSO, SNGP, ATRL. Constructive read for Oil & Gas, Power, Economy — watch listed names for follow-through.

Full Story

Open on Business Recorder

ISLAMABAD: The Parliamentary Forum on Energy and Economy has urged the government to avoid entering into long-term energy contracts that could expose Pakistan to costly take-or-pay obligations and add to circular debt, calling instead for a more flexible approach to LNG and other fuel imports as rapid solar adoption transforms the country’s energy landscape.

Members of N

Source: Business Recorder — https://www.brecorder.com/news/40436817/forum-warns-against-costly-long-term-energy-contracts