Pakistan on Wednesday announced the successful procurement of a second LNG cargo from the State Oil Company of the Azerbaijan Republic (SOCAR). According to the statement, Energy Ministry and Pakistan LNG Ltd (PLL) secured LNG cargo agreement from SOCAR. The cargo is scheduled for delivery next month. In July last year, Pakistan had signed a landmark framework agreement with Azerbaijan for LNG procurement on flexible terms.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pakistan debuts in Chinese market with $250m Panda Bond

Pakistan on Thursday issued its first-ever Panda Bond in China’s onshore capital…

PKR loses Rs2.01 in interbank market

The rupee began the week under pressure on Monday, losing Rs2.01 against…

SBP-held forex reserves fall below $3 billion

On Thursday, State Bank of Pakistan (SBP)-held foreign exchange reserves fell below…

FBR deputes officials to monitor sugar production, sales

Islamabad: The Federal Board of Revenue (FBR) invoked Section 40-B of the…