9 LNG cargoes to reach Pakistan from Qatar: Miftah Ismail

MG News | June 11, 2022 at 11:42 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 11, 2022: Minister for Finance and Revenue Miftah Ismail on Friday said that as many as nine LNG cargoes are likely to reach Pakistan from Qatar.

We need to have twelve LNG cargo to fulfill demand in the energy sector, he said while talking to a private television channel.

We have made a request with Qatar Gas to install a terminal in this country, he added. Commenting on coal and petroleum products, he said Pakistan is purchasing expensive coal and petroleum products. There is a need to increase tax on petroleum products, he stated.

Imposing levies on petroleum products would help generate revenue, he said.

About high inflation, he said, many countries are facing price hike issues. The minister said that inflation would minimize after balancing prices in the petroleum sector.

APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,319.36 31.49M	0.20% 352.67
ALLSHR	107,808.22 76.05M	0.19% 208.46
KSE30	52,752.32 8.49M	0.20% 107.79
KMI30	252,013.32 11.99M	0.20% 497.50
KMIALLSHR	69,653.84 62.63M	0.18% 127.81
BKTi	49,827.27 0.54M	0.13% 65.07
OGTi	36,914.83 1.06M	0.23% 83.52

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,330.00	81,350.00 78,710.00	1480.00 1.88%
BRENT CRUDE	92.30	92.90 91.72	0.13 0.14%
RICHARDS BAY COAL MONTHLY	110.30	0.00 0.00	-0.20 -0.18%
ROTTERDAM COAL MONTHLY	124.55	124.55 124.55	0.00 0.00%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	85.26	85.84 84.73	0.25 0.29%
SUGAR #11 WORLD	17.66	17.69 17.08	0.05 0.28%