What's new

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

Jan 24, 2021
1,591
0
2,320
Country
Bahrain
Location
Bahrain
  • Pakistan will save $3bn in 10 years from LNG deal with Qatar, says PM Imran Khan
  • Central Business District project to generate wealth for Pakistan: PM Imran Khan
  • Pakistan can generate Rs6,000bn in revenue from these commercial projects: PM

Prime Minister Imran Khan on Friday revealed that Pakistan had signed a deal related to the supply of the Liquefied Natural Gas (LNG) which would help save the nation $300mn annually.

Speaking at the groundbreaking ceremony of the Central Business District ceremony in Lahore, the prime minister said that his government had been trying to negotiate this deal for the past one year.

"When a difficult time comes upon the nation, a country has to think of 'out-of-the-box' solutions," he said. "Pakistan went through a decade of darkness," he added.

The prime minister had said Pakistan was facing a fiscal deficit due to which it was forced to take foreign loans due to which the country's reserves declined and its currency lost its worth.

"These problems were inherited by this government," he said, adding that the government cannot solve this problem until and unless it generates wealth.

Touching upon the LNG deal with Qatar, the prime minister said that he was proud to announce that Pakistan will save $300mn each year as a result of the deal.

"And in 10 years' time, Pakistan will save $3bn," he said.

The prime minister hailed the Business District Project in Lahore, saying that these will generate wealth in the billions for Pakistan.

He said that it was time to stop Lahore from expanding horizontally, recalling that when he was a child, the city ended at Zaman Park.

"The first phase [of the Central Business District] project, the federal government will earn Rs250bn from taxes," he said.

The prime minister said when the Walton airport is de-notified as per the project's plan, tall buildings can be constructed in Gulberg and Ferozepur road.

"These areas can then become the economic hub for Lahore," said the prime minister, lamenting that Lahore's horizontal expansion had caused a mirage of problems of the city.

"The entire city's sewerage is going in River Ravi," he said. "This sewerage is going down the river. A lot of people drink water from the rivers," he said, adding that even the water table of Lahore was declining.

PM Imran Khan said that as per estimates, Pakistan can generate Rs6,000bn in revenue from these commercial projects.

The prime minister seemed a bit annoyed when no one clapped at the announcement. "I think all of you sitting in the front have had a late night, because you seem to be asleep. No one clapped at the announcement that Rs6,000bn will be generated," he said. "Aleem Khan, you should know about these things because you are in business."

PM Imran Khan dispelled the impression that the project will be harmful for the environment. "I consider myself the biggest environmentalist of Pakistan," he said. "[Before] no one even thought of planting trees in the history of Pakistan. It was us [KP government] which thought of planting trees in Khyber Pakhtunkhwa."

The prime minister said that not a single tree would be cut to make way for the project. "And even if a tree is brought down, we have equipment to relocate it to another place," he added.


 

hussain0216

ELITE MEMBER
May 29, 2012
16,435
-21
22,777
Country
Pakistan
Location
United Kingdom
A decent deal as opposed to Patwaris screwing Pakistan

We HAVE to ensure PMLN and PPP can't get back in, those party's are toxic for Pakistan
 

hussain0216

ELITE MEMBER
May 29, 2012
16,435
-21
22,777
Country
Pakistan
Location
United Kingdom
How explain?

Yaar if you can't see the destruction they have caused then you are beyond help and no amount of explaining will help.

You can help a blind man, you can't help a man pretending to be blind

but another term of PMLN or PPP might be the end of Pakistan, all patriotic Pakistani must have enough sense to stop it at all costs
 

alphapak

FULL MEMBER
Nov 22, 2017
1,363
0
3,118
Country
Pakistan
Location
United Kingdom
IK talked about Lahore's expansion horizontally but they still allow Bahria, DHA to
build houses that are 1 or 2 kanals. Maximum limit for a house in a city should
be 10 marla's to save space.
 

Kingslayerr

FULL MEMBER
Sep 16, 2019
535
2
720
Country
Pakistan
Location
Pakistan
How explain?
You know you're a pakka patwari when someone takes PMLN'S deal to the cleaners and you come sucking up and defending the deal as how paying millions of dollars more to Qatar was good for Pakistan.
I'll tell my opinion again that people like @BATMAN who supports the very people who destroyed Pakistan, narely bankrupted it are more threat to the existence of this country than TTP, HUA,BLA,BRAS etc can ever be in a thousand years. Cheers!!
 

BATMAN

ELITE MEMBER
Mar 31, 2007
29,274
-28
19,728
Country
Pakistan
Location
Switzerland
You know you're a pakka patwari when someone takes PMLN'S deal to the cleaners and you come sucking up and defending the deal as how paying millions of dollars more to Qatar was good for Pakistan.
I'll tell my opinion again that people like @BATMAN who supports the very people who destroyed Pakistan, narely bankrupted it are more threat to the existence of this country than TTP, HUA,BLA,BRAS etc can ever be in a thousand years. Cheers!!
:tdown:
 

TheSnakeEatingMarkhur

SENIOR MEMBER
Dec 26, 2018
2,198
5
2,297
Country
Pakistan
Location
United Kingdom
How explain?
You getting 31% off and better supply in Winter thats how 🙂

I wonder who was skimming off that 31% in past tenure... oh yaad aya Abassi ee tha...
:tdown:
LNG is oil from Iran ? Mtlb kuch b ?

This illegal oil trade has also been curbed downwards..
 

BATMAN

ELITE MEMBER
Mar 31, 2007
29,274
-28
19,728
Country
Pakistan
Location
Switzerland
You getting 31% off and better supply in Winter thats how 🙂

I wonder who was skimming off that 31% in past tenure... oh yaad aya Abassi ee tha...
As far Abassi is concerned he has already faced media trial where he clarified all accusations against him, since years. If you think there's still juice init than pass your facts to bangala.
 
Last edited:

Kingslayerr

FULL MEMBER
Sep 16, 2019
535
2
720
Country
Pakistan
Location
Pakistan
:tdown:
I'm actually watching PTI crack down on oil smuggling but never heard a word of it from PMLN or PPP. So the point you're making is more pro PTI than PMLN or PPP.
Also stop jumping from topic to topic just to prove your masters right. Its not worth it bro.
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom