Federal cabinet approves LNG trade agreement between Pakistan, Oman

Islamabad – The federal cabinet on Tuesday accorded approval for signing of an Inter-Governmental Agreement between the Ministry of Energy (Petroleum Division) Government of Pakistan and the Ministry of Oil and Gas, Sultanate of Oman for supply of liquefied natural gas (LNG) and POL products on government to government basis.

The federal cabinet, which met here at the PM Office with Prime Minister Shahid Khaqan Abbasi in chair, also gave approval for the signing of Inter Government Agreement and Letter of Intent on Cooperation in the field of LNG between the Government of Pakistan and Government of the Italian Republic.

The cabinet gave permission to allow transit of 01×20 feet container STC containing eight packages of spare parts of Toyota vehicles of UNMA from Karachi to Kabul.

It accorded approval, in principle, to Anti-Terrorism (Freezing and Seizure) Rules, 2018.

The meeting accorded its approval to the notification of WAPDA Hydro-Electric Tariff for the FY 2017-18 determined by NEPRA and further directed that the process of tariff determination for AJK should be initiated.

The federal cabinet ratified the decisions of Cabinet Committee on China Pakistan Economic Corridor (CPEC) taken during its meeting held on 12-01-2018. It was further decided that cabinet would be briefed in detail on CPEC.

The cabinet directed that the process of filling up vacant positions of the heads of organizations in various ministries be expedited.

It expressed satisfaction over the surplus generation capacity in the power sector. It was reiterated that the government was committed to ensure uninterrupted power supply to consumers.

The federal cabinet also directed for early operationalization of new Islamabad International Airport.

Earlier, the cabinet offered Fateha for the departed souls of renowned lawyer, human rights activist and former President Supreme Court Bar Association Ms Asma Jahangir and late Mir Hazar Khan Bijrani.

"Monitoring Desk"

RELATED POSTS

2
ADB to finance infrastructure revamp worth $300m in four Punjab cities
Beijing, Islamabad to improve infrastructure in Pakistan: Chinese daily
NEPRA seeks report on Karachi power breakdown
Pakistan plans to scrap upfront tariff regime for captive power plants
New FTA with China expected by June next year
Chinese investors keen on joint ventures
Chinese enterprises undertake over 3,000 BR projects in regional countries
Chinese media lauds PM Imran’s vision of poverty alleviation
China investing $9b in various projects in Pakistan: Zaidi
Study shows GDP increase attributed to CPEC Projects
CPEC projects to be expedited in KP
China and Pakistan want Afghanistan to join CPEC project
CPEC crucial for enhancing Pak-China bilateral ties: Chinese envoy
CPEC will usher socio economic development of both countries: Saleem Jhagra
CPEC provides vitality for regional growth, diplomats say

FOLLOW US


About Corridor.pk

Corridor.pk is Pakistan’s leading regional connectivity media & communication/outreach platform, dedicated to profiling and promoting the business activities, news and views on the regionally connected business corridor across OBOR. 

     

Addional Information

 Ethics Policy     Advertise
 Terms & Conditions
 Contact Us