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    Pakistan to save $300mn annually from Qatar LNG deal: Imran Khan

    My understanding is that with the large-scale availability of LNG from coal-associated gas in Australia (Major LNG expansion took place between 2014 -2019- current production capacity about 88-million tons p.a.) It is difficult to see any scarcity of LNG in the next 5 to 10 years in the Far...
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    Pakistan to save $300mn annually from Qatar LNG deal: Imran Khan

    Thanks for the info, new deal is indeed about 24% cheaper and undoubtedly Nadeem Baber has done a good job for Pakistan.
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    Pakistan to save $300mn annually from Qatar LNG deal: Imran Khan

    Most honorable Sir, For the record, I have no political affiliations. In my opinion, Pakistan saw the best governance during the first 7 years of Ayub Khan (1958-65)and the first 3 years of Musharraf, that is before he was snared in by the Chaudhry brothers of Gujarat. Therefore I have no love...
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    Lessons From 1971 War

    Sir, However, assuming I made a mistake, one would agree that had the 42-million Bengali Muslim not joined forces with the 34-million West Pakistani Muslims, it would have been difficult for the British to overcome the Congress demand of independent United India. I was referring to the time...
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    Pakistan to save $300mn annually from Qatar LNG deal: Imran Khan

    Honorable Jungibaaz, As I understand it, This is a 3.0 tons per year 10-year contract with slightly lower prices. Since it was signed only last Friday, I do not know the exact price; rumors are that the selling price is at 10.2% of the Brent. Should this be true, the new price is indeed about...
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    Lessons From 1971 War

    Most honorable Sir, I am humbled that you desired to know my comments on your post. Except for an absence of about 20 months, I was in Pakistan when all of this happened. Here is what I think. Looking at the map of Pakistan prior to 1971, an unbiased observer would at once notice that it was...
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    Saudi Arabia plans to set up $10 billion oil refinery in Gwadar by year-end

    Regret to say that these are all speculations. Abu Dhabi refinery announced nearly 5 years ago is nowhere to be seen. I would not believe it until such time the contract for the construction has been signed.
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    Olive oil from Pakistan.

    I regularly buy Extra Virgin olive oil - Sainsbury's own brand at £3.40 per liter at my local Sainsbury Superstore. At about Rs 220/- to £1/- this comes to Rs 748/- per liter. Premium quality Greek Extra Virgin olive oil is about £9/- that is about Rs 1900/- per liter. Rs 2000/- per liter...
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    Olive oil from Pakistan.

    You are quite Sir, I have eaten freshly baked Turkish bread with virgin olive oil quite a few times and it is delicious.
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    Oil smuggling inflicting Rs150bn loss to economy annually: PM

    Finally, an article in the "Dawn" echoing what I had posted a month ago. Quote THERE has been an interesting twist in the situation as the government moves to shut retail outlets selling petrol and diesel smuggled from Iran. In a hearing before the Senate Standing Committee on Petroleum on...
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    Pakistan's Economy - News and Updates

    Honourable Patriot forever, Any debate where rational arguments based on correct figures are used instead of emotional outbursts is always a pleasure to read. I concur with most of your post except your sentence “One cannot make sweeping statements like that.” Kindly permit me to say why I...
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    Pakistan's Economy - News and Updates

    Regret to say that this video is full of misleading information and definitely made by a devout Imran Khan follower who would not hesitate to use inject incorrect figures along with some correct info in support of his demi-god. For example, as I had been earning a very decent salary for a long...
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    Let down by UAE firm, Pakistan seeks two LNG cargoes

    A window on the near to medium term LNG market: Quote S&P Global Platts Analytics expects global LNG demand to grow by 2% in 2020 to around 362 million mt, despite the pandemic, and by another 3% in 2021. This is slower than the 11% market growth in 2019 and double digit percentage growth of...
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    Let down by UAE firm, Pakistan seeks two LNG cargoes

    Very few things to add to this good analytical post. My only comment would be that even assuming transmission cost to be equal, LNG needs to be regasified before it can be used, unlike Iranian gas which can be fed directly into the gas pipeline. Can't say for sure how much it costs in...
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    Let down by UAE firm, Pakistan seeks two LNG cargoes

    Dear Niaz sir, I will highly appreciate your perspective in view of contracted volumes. PSO signed in Dec 2015, a 5 year term contract with Gunvor for supply of 0.75mtpa at 13.37 slope for delivery of total 60 cargoes (1 cargo/ month or 12 cargoes/ year). This contract was recently concluded...
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    Let down by UAE firm, Pakistan seeks two LNG cargoes

    All including PTI stalwarts and the NAB who had been claiming that Shahid Khaqan Abbasi signed a stupid high priced 15 years contract and cheated Pakistan out of billions of dollars because LNG prices had touched temporarily touched rock bottom due to a sudden lowering of demand should now take...
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    Whatever

    I had my first dose of the Pfizer vaccine on Wednesday. Happy to report no side effects except a slightly sore left shoulder which has now improved. I recall having a more severe reaction from the Typhoid jab. Hence all those members who are offered a jab please take it without worry.
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    Why were US media silent on Pfizer vaccine deaths?

    This is the latest from an Italian News Daily. Norway, 23 deaths after Pfizer vaccine. Enough alarmism: the causes and the truth about what happened January 16, 2021 January 15, 2021 20:31In Norway 23 people died after the administration of the Pfizer vaccine: the Norwegian drug agency...
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    PIA plane 'held back' by Malaysian authorities over UK court case

    I have no idea about the small print in the PIA Lease Agreement with the Vietnamese company. However, at least in the UK, the effects of Covid-19 are not considered as the reason for not paying your obligation. For example, many businesses in the UK had signed up for a ‘Business interruption’...
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    PIA plane 'held back' by Malaysian authorities over UK court case

    I repeat, this not a matter of ethics or morally being in the right. Justice is notoriously portrayed as being 'Blind'. Therefore, regrettably, it is for the courts to decide who is liable to pay and if you do not abide by the Courts judgment, your property/ assets outside Pakistan can be...

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