ISLAMABAD-China's comprehensive import price index for liquefied natural gas (LNG) rose last week, according to the Shanghai Petroleum and Natural Gas Exchange (SHPGX).The LNG index, not including tax and processing fee, came in at 2,489 yuan (about 355 U.S. dollars) per tonne in the week ending ...

ISLAMABAD: The government has decided to increase the LNG import by 400 mmcfd by December 2019 and will open its bid next week, a senior official of the Petroleum Division said. Of the 400 mmcfd, the government had recently floated a tender for 200 mmcfd. The government wants to secure contracts ...

Economic Affairs Division has signed a loan agreement worth 551 million dollars with the International Islamic Trade Finance Corporation for import of oil and LNG. The signing ceremony was held in Islamabad on Monday, which was also witnessed by Advisor to the Prime Minister on Finance Dr. Abdul ...

ISLAMABAD, Feb 13 (APP):The federal cabinet on Tuesday accorded approval for signing of an Inter-Governmental Agreement between the Ministry of Energy (Petroleum Division) Government of Pakistan and the Ministry of Oil and Gas, Sultanate of Oman for supply of liquefied natural gas (LNG) and POL ...

ISLAMABAD:Supreme Court of Pakistan has dismissed a petition against Prime Minister Shahid Khaqan Abbasi challenging the establishment of LNG terminal and agreement with Qatar. The petition was filed by Awami Muslim League chief Sheikh Rasheed Ahmad. A three judge bench of apex court headed by ...

Pakistan and Malaysia signed an Inter-Governmental Agreement on supply of LNG in Islamabad on Thursday.  The agreement was signed by Secretary Petroleum Division Sikandar Sultan Raja from Pakistan side while Deputy Minister Dato Sri Devamany  S. Krishnasamy  signed the agreement on behalf of ...

Pakistan government to sign agreements with big African LNG exporters Nigeria and Algeria to overcome the energy needs of the country in coming years.The plan sees the country doubling its Liquefied Natural Gas (LNG) imports by inking agreements with Algeria and Nigeria by the end of this year. It ...

Ministry of Petroleum will pay an additional amount of Rs250 billion to Qatar on import of Liquefied natural gas (LNG).Price for each cargo was agreed at 13.37 per cent of Brent whereas Italy’s ENI had offered price of each cargo at 11.62 per cent of Brent thus resulting in huge difference of ...

Minister for Commerce Khurram Dastgir expressed the confidence that with the historic package of Rs180bn and improvement in law and order energy situation, the exporters would show good results.Addressing a news conference in Islamabad this evening he said this package will remain in force for next ...

ISLAMABAD: (APP) The first ever agreement was signed here Thursday between two private companies of Pakistan and Qatar for import of initially 1.3 million tons per annum (mtpa) Liquefied Natural Gas (LNG) to Pakistan.First LNG shipment from Qatar arrives in PakistanThe agreement was signed here at ...