By Zafar Bhutta The Power Division has informed the government that running the 1,263-megawatt LNG-based power project near Trimmu Barrage on expensive imported gas, while ignoring other cheaper fuel options, would result in cumulative loss of Rs202 billion up to 2025. Pakistan has a long-term supply contract of 500mmcfd LNG with Qatar and the first review is due in 2025. At present, Pakistan has LNG-based ...

Pakistan’s foreign policy will not change with Pakistan Muslim League-Nawaz (PML-N) coming into power and all agreements signed by the former government, including Iran-Pakistan gas pipeline project, will be pursued, Foreign Secretary Jalil Abbas Jilani declared on Friday. Addressing a weekly press briefing along with Pakistan ambassador to China Khalid Masood, Jilani said that Pakistan was facing worst ene ...