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LNG consumers likely to bear extra $40m cost
Idle capacity at second LNG terminal estimated at 53% for 2019
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Investors turn focus to Pakistan’s agriculture sector
Economic zone should be set up in Multan to attract investment in dairy, food production
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Russian state unit comes up with PSM revival package
Offers loan for balancing and modernisation of the industrial complex
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ECC asked to decide fate of white oil pipeline
Petroleum Division prepares summary on the project for review in ECC meeting
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Russia plans to invest $14b in Pakistan’s energy sector
Russian giant Gazprom and ISGS sign deal to conduct feasibility study for $10b-pipeline project
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Despite hurdles, Chinese firm keen to take over K-Electric
K-Electric CEO fears deal’s failure will hurt investor confidence in Pakistan
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GIDC reduction to provide industries Rs50 billion relief
Govt has slashed the cess rate to 0-50% for different sectors
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Food ministry to auction 15 aircraft acquired for pest control
Cabinet gives approval as aircraft engines, propellers have expired
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Textile industry gets Rs29b relief in duties, taxes
This is in addition to the Rs25b gas subsidy for textile, other export-focused sectors
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Saindak project: Senator objects to Chinese firm’s lease extension
Mir Kabeer Ahmed says provincial govt is entitled to take such a decision