Qatar offers job visas for 100,000 Pakistanis

[Muhammad Omar]

* Nawaz says Zarb-e-Azb, Karachi operations will be taken to logical conclusion * Invites Qatari businessmen to explore investment opportunities in Pakistan

DOHA: Prime Minister Nawaz Sharif said on Thursday that Pakistan’s economy had witnessed a great turnaround and development was taking the country forward at a fast pace.


Speaking to the Pakistani community in Doha during his two-day official visit to Qatar, Sharif shared details of his meetings with the Qatari leadership. He said that his hosts lauded the role of the Pakistani community in the development of Qatar. He said that he was proud to get a positive feedback about the Pakistanis who were working with commitment and honesty and using their skills to bring a good name to their country. He said that Pakistan had strong ties with Qatar and it wanted to strengthen them through enhanced interaction at all levels.


The prime minister said that Pakistan had signed a landmark deal on import of liquefied natural gas (LNG) from Qatar. He said that LNG imported from Qatar would help Pakistan generate electricity and produce more fertilizer to meet its domestic needs. Under the agreement, Pakistan would buy $16 billion LNG from Qatar over the next 15 years. Sharif praised the government of Qatar for providing gas to Pakistan at competitive rates. He said that he pointed out during his meetings with the Qatari leadership that the bilateral trade between Pakistan and Qatar needed to be increased from $300 million to at least $1 billion annually. He said that LNG import would boost trade between the two countries.


Sharif said that measures were being taken to overcome the energy crisis and decrease power tariff. He said that LNG imported from Qatar would help lower prices of products and make them competitive in the international market. He said that Pakistan’s foreign exchange reserves were all-time high nowadays. He said the World Bank president and other financial experts noted that Pakistan’s economic indicators were positive.


Sharif said the security situation in the country had improved after the launch of the Operation Zarb-e-Azb, which broke the back of the terrorists. He said the operation would be taken to its logical end. He said the people of Karachi praised the ongoing operation against criminals.


The prime minister said the China-Pakistan Economic Corridor (CPEC) would help the country’s economy. He said the Gwadar airport would be one of the most beautiful airports of the world. He said that his government was working to improve the Pakistan International Airlines (PIA). He said the government would upgrade the PIA to compete with top international airlines. “Now PIA workers’ strike has ended and we will work to bring it on a par with Qatar Airways,” he said.


Sharif said that numerous projects for power generation were underway and all resources were being used with the help of China. He said the nation must keep in mind the negligence of the previous governments that did not generate electricity. He said that previous governments were duty-bound to install power generation units, but they did not. He mentioned the Chinese investment in Pakistan’s energy sector and said that Pakistan urgently needed electricity to meet its needs.


The prime minister said that previous governments ignored roads and motorways, but the incumbent government was building a network of roads and motorways from the Pakistan-China border to Karachi and Gwadar. He said the Hazara Motorway and 27-kilometre long tunnels near Attabad Lake would be completed in a year.


A member of the royal family, Sheikh Khalid bin Hamad, made a courtesy call on Sharif and offered 100,000 work visas for Pakistanis. Sharif told Hamad that Pakistan attached immense importance to its relations with Qatar. Minister for Finance Ishaq Dar, Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Special Assistant to Prime Minister Syed Tariq Fatemi were also present.


Separately, Sharif said that Pakistan offered incentives for foreign direct investment in different sectors. Talking to Sheikh Abdullah Bin Muhammad Al Thani, chief executive officer of the Qatar Investment Authority, in Doha on Thursday, Sharif invited Qatar to explore investment opportunities in Pakistan, particularly in the energy sector.

 

[Muhammad Omar]

وزیراعظم نواز شریف کے تاریخی دورہ قطر کے نتیجے میں قوم کے لیئے ایک اورتحفہ
"سستی ترین مائع گیس کی خریداری کے معاہدے بعد قطر کا ایک لاکھ ہنر مند پاکستانیوں کے لیئے ویزا کا اجراء"

 

[AZADPAKISTAN2009]

Hope to see bilateral ties between Qatar and Pakistan grow

 

[HttpError]

Great if true we have lots of human resource which are doing just nothing lol, they all need to be sent out and send us back big remittance. Jokes apart we need to educate our masses and use them as a tool for economic progress. Anyways Pakistani should be No.1 work force in GCC.

 

[AZADPAKISTAN2009]

Qatar / Pakistan , can grow in Business sector specially withe the arrival of CPEC

It would be great to see Qatari Banks , and investors setting up business organizations in Pakistan

QATAR airlines is a world class airlines

Would be interesting to see how PIA would fare or who will be future investors again there lies more opportunities

 

[cloud4000]

What's with the upswing in relations between Pakistan and Qatar recently? Gas deal, hiring Pakistani workers, inviting PAF to demonstrate JF 17s. Interesting given what Gulf states said when Pakistan refused to send troops to Yemen.

 

[Genghis khan1]

وزیراعظم نواز شریف کے تاریخی دورہ قطر کے نتیجے میں قوم کے لیئے ایک اورتحفہ
"سستی ترین مائع گیس کی خریداری کے معاہدے بعد قطر کا ایک لاکھ ہنر مند پاکستانیوں کے لیئے ویزا کا اجراء"

Main Saanp ko aik aur doora. Qom ko 16 Billion ka teeka.

Some facts for the educated class.

 

[Major Sam]

Main Saanp ko aik aur doora. Qom ko 16 Billion ka teeka.

Some facts for the educated class.

He is just making people fool.

 

[Muhammad Omar]

Main Saanp ko aik aur doora. Qom ko 16 Billion ka teeka.

Some facts for the educated class.

And you Guys believe Dr Shahid Masood

Jo K Dajjal ka wait kr rha hai

Carry on .....

 

[Major Sam]

Main Saanp ko aik aur doora. Qom ko 16 Billion ka teeka.

Some facts for the educated class.

NEW DELHI: India is seeking from its largest liquefied natural gas (LNG) supplier Qatar a cut in gas prices to match the 60 per cent slump in global rates in the last one year.

India buys 7.5 million tonnes of LNG a year on a long-term 25 year contract, indexed to a moving average of crude oil price. The price of LNG from Qatar comes close to USD 13 per million British thermal unit as compared to the USD 6-7 rate at which it is available in the spot or current market.

Petronet LNG Ltd "is working to mitigate the impact of the higher prices under the long-term contracts so as to bring the LNG prices more in line with the current market conditions", Oil Secretary Kapil Dev Tripathi said here.

Tripathi, who is also the chairman of Petronet, said the prices of LNG in the spot or current markets have come down considerably in the past one year.

"While this is good for the consumers, this has also created a disparity in the prices of LNG under the long-term contracts vs the spot prices," he said while addressing Petronet's 17th annual general meeting (AGM) here.

The high price of LNG under the long-term contract has led to users in fertiliser and power industry finding it cheaper to use alternate fuels like naphtha and fuel oil.

Petronet LNG Ltd, which has been buying LNG from Qatar on a long-term contract since 2004, has reduced the annual offtake by at least 30 per cent this year because of the high price.

Tripathi said international oil and gas markets have been facing a challenging environment for the past many months due to the sudden and sharp collapse in oil prices.

"Although various factors have contributed to this volatility, the emergence of the USA as a large producer of shale oil and shale gas has been the primary reason for the abundance of oil and gas, resulting in reduced imports into the USA," he said.

This, coupled with the start in production of various LNG projects, has increased the availability of LNG around the world, he said.

India, he said, is the fourth largest importer of LNG in the world. "A total of about 14 million tons per annum of LNG is imported into India currently and almost 80 per cent of these imports come to Petronet's two terminals (at Dahej in Gujarat and Kochi in Kerala)," he said.

While Qatar has been the largest supplier of LNG to India for the past many years, various other countries are now selling LNG to India. "This helps the country diversify its sources of imports," he said.

Tripathi said Dahej capacity will be raised by 50 per cent to 15 million tons by December 2016 and a further expansion to 17.5 million tons is planned.

India seeks LNG price cut from Qatar as gas prices cool - timesofindia-economictimes

@Muhammad Omar seems we are buying much cheaper than india though are buying 3 times more than us. seem a really awesome deal. add on 100k jobs in qatar. incase if they bought JF-17 also. it will b one of the bets thing by current govt.

 

[Muhammad Omar]

NEW DELHI: India is seeking from its largest liquefied natural gas (LNG) supplier Qatar a cut in gas prices to match the 60 per cent slump in global rates in the last one year.

India buys 7.5 million tonnes of LNG a year on a long-term 25 year contract, indexed to a moving average of crude oil price. The price of LNG from Qatar comes close to USD 13 per million British thermal unit as compared to the USD 6-7 rate at which it is available in the spot or current market.

Petronet LNG Ltd "is working to mitigate the impact of the higher prices under the long-term contracts so as to bring the LNG prices more in line with the current market conditions", Oil Secretary Kapil Dev Tripathi said here.

Tripathi, who is also the chairman of Petronet, said the prices of LNG in the spot or current markets have come down considerably in the past one year.

"While this is good for the consumers, this has also created a disparity in the prices of LNG under the long-term contracts vs the spot prices," he said while addressing Petronet's 17th annual general meeting (AGM) here.

The high price of LNG under the long-term contract has led to users in fertiliser and power industry finding it cheaper to use alternate fuels like naphtha and fuel oil.

Petronet LNG Ltd, which has been buying LNG from Qatar on a long-term contract since 2004, has reduced the annual offtake by at least 30 per cent this year because of the high price.

Tripathi said international oil and gas markets have been facing a challenging environment for the past many months due to the sudden and sharp collapse in oil prices.

"Although various factors have contributed to this volatility, the emergence of the USA as a large producer of shale oil and shale gas has been the primary reason for the abundance of oil and gas, resulting in reduced imports into the USA," he said.

This, coupled with the start in production of various LNG projects, has increased the availability of LNG around the world, he said.

India, he said, is the fourth largest importer of LNG in the world. "A total of about 14 million tons per annum of LNG is imported into India currently and almost 80 per cent of these imports come to Petronet's two terminals (at Dahej in Gujarat and Kochi in Kerala)," he said.

While Qatar has been the largest supplier of LNG to India for the past many years, various other countries are now selling LNG to India. "This helps the country diversify its sources of imports," he said.

Tripathi said Dahej capacity will be raised by 50 per cent to 15 million tons by December 2016 and a further expansion to 17.5 million tons is planned.

India seeks LNG price cut from Qatar as gas prices cool - timesofindia-economictimes

@Muhammad Omar seems we are buying much cheaper than india though are buying 3 times more than us. seem a really awesome deal. add on 100k jobs in qatar. incase if they bought JF-17 also. it will b one of the bets thing by current govt.

in the start of the deal Opposition parties were saying that PML N is getting LNG on $12 after sometime the same parties and the guys like Dr Shahid Masood were saying it PML N is buying it in $8

but in the end it's $5.35...

Now they are saying why PML N went to Qatar? you can buy it From Iran and Complete Iran Pakistan Gas pipeline

 

[Major Sam]

in the start of the deal Opposition parties were saying that PML N is getting LNG on $12 after sometime the same parties and the guys like Dr Shahid Masood were saying it PML N is buying it in $8

but in the end it's $5.35...

Now they are saying why PML N went to Qatar? you can buy it From Iran and Complete Iran Pakistan Gas pipeline

I dont have issues in opposing govt. but there is a difference between being logical and illogical. Dr. shahid thinks the govt will sell LNG free to public and then PSO will not earn anything but they will also pay shipment charges. well for me its commonsense they will give it to industries and they will generate much more than the shipment and cost price. it will enhance our economy. Imagine if at 11 $ its sustainable for india. For us in this price we can do wonders at the time when we are in much more need of energy.

@mohammad omar any idea how many shipments we will get per month or per year?

 

[Genghis khan1]

And you Guys believe Dr Shahid Masood

Jo K Dajjal ka wait kr rha hai

Carry on .....

So now you will discredit Dajjal Hadiths from Sahih Bukhari and Sahih Muslim just to get your plate of Bryani.
Political poster of Mian Sannp seems more credible to you than transparency international and deal documents obtained by quite well known credible journalist.

 

[Muhammad Omar]

I dont have issues in opposing govt. but there is a difference between being logical and illogical. Dr. shahid thinks the govt will sell LNG free to public and then PSO will not earn anything but they will also pay shipment charges. well for me its commonsense they will give it to industries and they will generate much more than the shipment and cost price. it will enhance our economy. Imagine if at 11 $ its sustainable for india. For us in this price we can do wonders at the time when we are in much more need of energy.

@mohammad omar any idea how many shipments we will get per month or per year?

Don't know about that yet

 

[Major Sam]

So now you will discredit Dajjal Hadiths from Sahih Bukhari and Sahih Muslim just to get your plate of Bryani.
Political poster of Mian Sannp seems more credible to you than transparency international and deal documents obtained by quite well known credible journalist.

Btw did you check my post where i have quoted RLNG price for india. any comment on the topic.