AGL 39.52 Decreased By ▼ -0.48 (-1.2%)
AIRLINK 129.68 Increased By ▲ 0.62 (0.48%)
BOP 6.82 Increased By ▲ 0.07 (1.04%)
CNERGY 4.69 Increased By ▲ 0.20 (4.45%)
DCL 8.53 Decreased By ▼ -0.02 (-0.23%)
DFML 41.05 Increased By ▲ 0.23 (0.56%)
DGKC 81.50 Increased By ▲ 0.54 (0.67%)
FCCL 32.88 Increased By ▲ 0.11 (0.34%)
FFBL 74.35 Decreased By ▼ -0.08 (-0.11%)
FFL 11.99 Increased By ▲ 0.25 (2.13%)
HUBC 109.55 Decreased By ▼ -0.03 (-0.03%)
HUMNL 14.28 Increased By ▲ 0.53 (3.85%)
KEL 5.27 Decreased By ▼ -0.04 (-0.75%)
KOSM 7.63 Decreased By ▼ -0.09 (-1.17%)
MLCF 38.61 Increased By ▲ 0.01 (0.03%)
NBP 65.30 Increased By ▲ 1.79 (2.82%)
OGDC 193.30 Decreased By ▼ -1.39 (-0.71%)
PAEL 25.75 Increased By ▲ 0.04 (0.16%)
PIBTL 7.35 Decreased By ▼ -0.04 (-0.54%)
PPL 154.19 Decreased By ▼ -1.26 (-0.81%)
PRL 25.56 Decreased By ▼ -0.23 (-0.89%)
PTC 17.43 Decreased By ▼ -0.07 (-0.4%)
SEARL 79.98 Increased By ▲ 1.33 (1.69%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.75 Increased By ▲ 0.02 (0.06%)
TPLP 8.40 No Change ▼ 0.00 (0%)
TREET 16.30 Increased By ▲ 0.03 (0.18%)
TRG 57.31 Decreased By ▼ -0.91 (-1.56%)
UNITY 27.55 Increased By ▲ 0.06 (0.22%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,599 Increased By 154.1 (1.48%)
BR30 31,193 Increased By 3.8 (0.01%)
KSE100 98,997 Increased By 1199.1 (1.23%)
KSE30 30,950 Increased By 469.5 (1.54%)

China is to provide energy-starved North Korea with 50,000 tonnes of heavy fuel oil in mid-August as part of a nuclear disarmament deal Pyongyang reached with regional powers in February, Yonhap news agency said on Sunday.
Last month North Korea shut its reactor, the source of its bomb-grade plutonium, and allowed UN nuclear inspectors into the secretive nuclear complex in return for 50,000 tonnes of heavy fuel oil provided by South Korea.
China's planned fuel oil consignment is part of the second stage of the disarmament deal reached between the two Koreas, China, Japan, Russia and the United States, Yonhap cited diplomatic sources as saying.
In this stage, Pyongyang is to receive 950,000 tons of heavy fuel oil in exchange for permanently disabling its nuclear facilities and providing a complete inventory of its atomic arms programme,
The Chinese government had decided to ship the oil to help the mood for the nuclear discussions even though North Korea has yet to begin the disablement process or provide the inventory, the sources told Yonhap.
China's Foreign Ministry had no immediate comment on the report The two Koreas are scheduled to hold energy-aid talks this week. At a meeting of Southeast Asian nations last week, North Korea demanded that Washington remove it from a list of states that sponsor terrorism before further progress could be made on dismantling its nuclear arms programme.

Copyright Reuters, 2007

Comments

Comments are closed.