Daily Archives: October 12, 2020
Singaporean Company Places Lowest Bids to Pakistan LNG Tenders
Pakistan has received bids for two cargoes of liquefied natural gas (LNG) of 140,000 meters each from multinational commodity trading company Gunvor Singapore, a national daily reported. In response to an international tender issued by the state-owned Pakistan LNG Limited (PLL) in September, Gunvor Singapore placed the lowest bids at 14.2277 percent for 8-9 November
Pakistan Working Closely With IMF to Clear Blockages in $6 Billion Program
Pakistan and the International Monetary Fund (IMF) are working together closely to bring the second review of a $6 billion three-year Extended Fund Facility (EFF) to a positive conclusion, Arab News reported a top IMF official on Saturday. Pakistan signed the $6 billion three-year EFF with the IMF in 2019 and has received $1.44 billion under the
Speakers agree to increase bilateral trade b/w Pakistan, Sri Lanka
The Federation Pakistan Chamber of Commerce and Industry (FPCCI) has launched the Publication on ‘Pakistan Sri Lanka Free Trade Agreement ‘ to enhance bi-lateral trade and promoting free trade between the two countries. The Federation of hosted the publication launching ceremony in Islamabad with Chairman, Senate Foreign Affairs Committee, Senator Mushahid Hussain Sayed, as the
Govt, ITFC sign $386m agreement for import of oil, LNG
Pakistan and International Islamic Trade Finance Corporation have signed a financing agreement amounting to 386 million dollars for import of oil and LNG. The facility will be utilized by Pakistan State Oil Company Limited, Pakistan Arab Refinery Limited and Pakistan LNG Limited. During the signing ceremony, both the sides expressed the commitment to work closely
CDWP approves 8 projects worth Rs.36b
Central Development Working Party has approved 8 projects worth 36 billion rupees and recommended 7 projects worth 233.014 billion rupees to Executive Committee of the National Economic Council for consideration. The approval was given during today’s meeting of CDWP chaired by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, in Islamabad. Senior officials from Planning Commission