News Waali latest news updates.
The Minister of State for Petroleum Dr. Mossadegh Malik has said that the visit to Russia was more successful than our expectations, Russia will supply oil and diesel to Pakistan at a discounted price.
Addressing the press conference, he said that negotiations have started for the government’s LNG contracts and for getting LNG from some Russian companies The official Russian delegation will visit Pakistan in mid-January to make progress on energy contracts that will do
He said that Iran has announced to give 2 million pounds of LPG on humanitarian basis, the negotiations have been completed, separately, 2 million pounds of LPG will reach Pakistan within the next 10 days. Energy problems should be solved.
He said it was very important to go to Russia because the Prime Minister clearly said that the factories that are being closed should not be closed, the youth who leave home should not be unemployed, smoke from chimneys factories that are still coming out
He said Pakistan must increase energy by at least 10%. We need energy to move forward, that’s why we go to different countries, whose progress we will continue to inform from time to time.
He said that now we have decided to go ahead with the process we need to keep in mind the national interest and international rules and regulations and these agreements are a part of that, moving forward with the interest of Pakistan.
People show economy on the use of gas in the winter, Mossadegh Malik
Mossadegh Malik said that Russia contacted some of our companies that had LNG at that time and we have started discussions with these companies which is to be welcomed.
He said the Russian government is also setting up two new LNG plants and Pakistan has been offered to start signing contracts for 2025-26.
He said that in the past we had signed similar agreements with Qatar which proved beneficial for Pakistan.
Minister of State Dr Mossadegh Malik said that Russia has also shown interest in some of our old agreements on gas pipelines and we have asked Russia to show some flexibility in this regard.