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Govt left red-faced over Russian oil assertions
State minister Musadik denies FM Bilawal’s claim; says country indeed pursuing ‘discounted’ oil from Moscow
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Settlement with E&P firms to help ramp up oil, gas output
Govt reaches out-of-court settlement for renewal of hydrocarbon exploration companies’ licences
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LNG supply disruption feared
PSO facing shortfall of billions of rupees in winter gas purchases
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Most of Pakistan’s oil, gas reserves consumed
Country’s energy outlook bleak as 80% of oil, 67% of gas deposits consumed
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Banned soybean imported without licences
APSEA claims it had applied for an import licence in March 2018
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Stuck soybean to cause shortage
DPP urged to seek one-time exemption to release ships carrying banned GMO soybean
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Govt trying to make good use of idle properties in US
Two old Chancery buildings in Washington lying vacant since 2003
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ECC asked to distance itself from food imports
Cabinet body members stress procuring agency must decide on purchase of commodities
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DISCOs hamper market competition
NEPRA says it’s facing hurdles to competitive market mechanism
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Banks reluctant to open wheat LCs
Fear Washington may slap penalty over commodity’s imports from Russia