Connect with us

Latest News

The FM of Azerbaijan is in Islamabad for discussions with the leaders of Pakistan

Published

on

He was greeted with warmth at the Islamabad International Airport by Ahmed Naseem Warraich, the Ministry of Foreign Affairs’ Additional Foreign Secretary for Afghanistan and West Asia, who was posted on X account.

FM Azerbaijan will pay a visit to Prime Minister Shehbaz Sharif and have in-depth talks with Senator Mohammad Ishaq Dar, the Foreign Minister and Deputy Prime Minister, during his visit.

The two parties had already inked a deal for the import of at least one LNG cargo each month while the Pakistan Democratic Movement (PDM) government was in power. Pakistan LNG Limited and the Azeri Company SOCAR signed the agreement.

Unfortunately, Pakistan was only able to acquire a small number of LNG cargoes from Azerbaijan and was unable to maintain regular supplies. Separately, Pakistan has a long-term deal in place and has been importing LNG from Qatar for many years.

After Russia’s invasion of Ukraine last year, worldwide LNG prices rose, making it difficult for Islamabad to obtain spot cargoes and causing extensive power disruptions.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Business

E&P Companies Will Invest $5 Billion in Pakistan’s Petroleum Industry

Published

on

By

Over the next three years, local and foreign companies involved in Pakistan’s oil and gas exploration and production sector have shown a strong desire to invest more than $5 billion in the nation’s energy sector.

Recent changes to the Petroleum Policy and the implementation of an exclusive tight gas policy, which provide better incentives and a more investor-friendly regulatory framework, are credited with the increase in investor confidence.

These strategic changes are expected to boost domestic energy production, open up new avenues for growth, and draw large amounts of both domestic and foreign investment.

Continue Reading

Latest News

PTI Encouraged Chaos and Sabotage: Rana Tanveer

Published

on

By

According to Rana Tanveer Hussain, the federal minister for food security, PTI encouraged violence, disorder, vandalism, and derogatory language in the nation’s politics.

The Minister told the reporters at Muridke that the founder PTI’s anti-nationalism and sabotage tactics are clear.

After Eid, he claimed, there won’t be any opposition movement since their leaders are still considering

According to the Minister, PTI is a tale of the past with a bleak future.

Additionally, he stated that the PTI has a history of flinging insults on one side and pleading on the other.

Rana Tanveer Hussain stated that the courts, not Trump, ought to determine what the PTI founder done to the nation.

Farmers would profit from the deregulation of commodity prices, especially those of wheat, according to the minister.

Continue Reading

Latest News

DPM Restates Abundant Support for the Palestinian Cause

Published

on

By

Senator Muhammad Ishaq Dar, the country’s foreign minister and deputy prime minister, has reiterated Pakistan’s steadfast support for the Palestinian cause.

He made the statement while meeting with his Palestinian counterpart, Dr. Mohammed Mustafa, on the fringes of the Organization of Islamic Cooperation’s Extraordinary Council of Foreign Ministers meeting in Jeddah, Saudi Arabia.

Ishaq Dar reaffirmed Pakistan’s support for the creation of a viable, contiguous Palestinian state with Jerusalem as its capital, based on pre-1967 lines.

Continue Reading

Trending