The federal cabinet approved an agreement to procure liquefied natural gas (LNG) cargoes from Azerbaijan at discounted rates, according to a statement issued by the PM House on Thursday. “This is the second major achievement for Pakistan towards fulfilment of energy needs after recently receiving the shipment of crude oil from Russia,” the communique read.

Leave a Reply

Your email address will not be published.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

You May Also Like

Criticizing govt for inflation is ‘baseless’: Shaukat Tarin

Islamabad: Federal Minister for Finance and Revenue Shaukat Tarin stated that criticizing…

PSX plunges to hit 2.5-year low

Karachi: Pakistan stocks on Tuesday plunged to a 30-month low as the…

Pakistan secures LNG shipment for January delivery

Pakistan has purchased a liquefied natural gas shipment for January delivery to…

China’s crackdown on Cryptocurrency, cites ‘illegal’ activities

In a joint statement, Central bank and ten government agencies, including banking,…