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"

Leave a Reply

Your email address will not be published. Required fields are marked *

RELATED POSTS

2
Iran to attend upcoming SCO summit: China
Iran, India vow to boost all-out ties
Trade exchange between Egypt, Russia registers $6.7B in 2017
US eyes 24pc tariffs on China and Russia to counter steel and aluminium glut
Europe needs to step up vigilance on China’s influence
India invites ministers of over 50 countries for informal WTO meet in March
Iran, India to sign 15 economic, cultural documents on Saturday
Afghanistan to use Chabahar Port for exporting products: Afghan official
India, Iran agree to step up efforts to help Afghanistan
UK helps Pakistan improve border management with Afghanistan
Pakistan annoyed over manipulation of FATF process
FPCCI President leads delegation to Iran for ECO-CCI Meetings
After curbs on Iranian fruit import, Pakistan exporters fear retaliation
Iranian leadership for unbreakable ties with Pakistan
Indonesia inks $1.1bn deal with Russia to buy 11 jets

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