K-P loses oil and gas royalty

K-P loses oil and gas royalty

Suffers revenue loss due to forced curtailment of hydrocarbon output at local fields

Forced Gas Cuts Hit K-P’s Royalties, Strain Energy Sector

Khyber-Pakhtunkhwa (K-P) is facing major revenue losses due to forced gas curtailment, which has slashed hydrocarbon production from local fields. The province receives royalties and windfall levies from oil and gas extraction, but output cuts—triggered by LNG imports from Qatar—have sharply reduced these earnings. K-P Protests Revenue Loss The K-P government raised strong objections to the federal authorities over the cuts. At a recent meeting,…