US
Objects to participation of only Islamic banks in the process
PTI govt gives 3 of them to Naya Pakistan Housing Authority for building low-cost units
Formula includes costs of local and imported gas that will help overcome shortage
Approves formation of high-level panel for distribution of net hydel profit
Country has over 20% surplus after meeting domestic demand of 5.8m tons
Govt will continue to import LNG to meet demand
Power Division claims decision will place extra burden of Rs471b on consumers
Spot market has developed; its prices are now lower than long-term contract prices
Will join hands with a consortium that has sought letter of intent from PQA
Argues it cannot award contract in absence of firm LNG demand from SNGPL