Believes project will become unfeasible if price exceeds LNG rate.
$3 billion agreement to be signed next month at President Xi’s visit, Chinese company to get LNG contract
HSD prices to continue declining; no word on reduction in sales tax on oil
It is also likely to announce major cut in import duties on auto parts for new entrants.
MQM, PTI members term unjustified the Rs95b collection to finance pipeline projects.
Regulator asked to announce separate tariffs for 250, 400 and 800-megawatt plants.
Sanctions make it impossible to pay Iranian electricity company
Defers the plan until April despite warnings of financial collapse of gas utilities.
Imports of 500 mmcfd of gas to begin as early as April, prices set even lower than rates for India.
If plan approved, they will set margins of petroleum products.
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