Pakistan has purchased a liquefied natural gas shipment for January delivery to address fuel deficit this winter, Bloomberg has reported. Pakistan LNG Limited (PLL) has awarded tender to Oman’s OQ Trading for a spot LNG cargo to be delivered in January. State-run PLL has secured the shipment at a price premium to the spot market due in part to Pakistan’s credit risk, sources said.
You May Also Like
Microsoft & Alaska Airlines Team Up for Alternative Jet Fuel
Washington, Oct 22 (AFP/APP): Microsoft and Alaska Airlines announced a partnership Thursday…
- Sanniah Hassan
- October 22, 2020
German Economy to Shrink 5.4% in 2020: Think-Tanks
Frankfurt am Main, Oct 14 (AFP/APP): Germany’s economy will shrink more than…
- Sanniah Hassan
- October 14, 2020
Pakistan’s foreign reserves drop to lowest since Jan 2019
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP)…
- Alina Hashmi
- December 15, 2022
PKR rises against dollar after ADB loan accord
On Tuesday, the Pakistani rupee (PKR) gained 68 paise against the US…
- Alina Hashmi
- October 25, 2022