BML 5.65 Decreased By ▼ -0.16 (-2.75%)
BOP 15.07 Increased By ▲ 0.81 (5.68%)
CNERGY 7.22 Increased By ▲ 0.24 (3.44%)
CPHL 89.39 Increased By ▲ 0.82 (0.93%)
DCL 13.63 Increased By ▲ 0.74 (5.74%)
DGKC 207.47 Increased By ▲ 18.86 (10%)
FCCL 55.37 Increased By ▲ 4.30 (8.42%)
FFL 16.77 Decreased By ▼ -0.02 (-0.12%)
GCIL 28.11 Increased By ▲ 0.33 (1.19%)
HUBC 164.27 Increased By ▲ 1.42 (0.87%)
KEL 5.32 Increased By ▲ 0.15 (2.9%)
KOSM 6.71 Decreased By ▼ -0.04 (-0.59%)
LOTCHEM 21.95 Increased By ▲ 0.35 (1.62%)
MLCF 102.68 Increased By ▲ 6.82 (7.11%)
NBP 148.43 Decreased By ▼ -0.60 (-0.4%)
PAEL 47.76 Increased By ▲ 0.93 (1.99%)
PIAHCLA 19.52 Decreased By ▼ -0.28 (-1.41%)
PIBTL 12.79 Increased By ▲ 0.63 (5.18%)
POWER 17.00 Increased By ▲ 1.10 (6.92%)
PPL 177.31 Decreased By ▼ -0.23 (-0.13%)
PREMA 40.16 Decreased By ▼ -0.75 (-1.83%)
PRL 30.63 Increased By ▲ 0.24 (0.79%)
PTC 22.80 Decreased By ▼ -0.29 (-1.26%)
SNGP 114.59 Decreased By ▼ -0.56 (-0.49%)
SSGC 40.02 Decreased By ▼ -0.13 (-0.32%)
TELE 8.09 Decreased By ▼ -0.04 (-0.49%)
TPLP 10.19 Decreased By ▼ -0.16 (-1.55%)
TREET 23.72 Decreased By ▼ -0.08 (-0.34%)
TRG 57.11 Decreased By ▼ -0.11 (-0.19%)
WTL 1.45 Increased By ▲ 0.01 (0.69%)
BML 5.65 Decreased By ▼ -0.16 (-2.75%)
BOP 15.07 Increased By ▲ 0.81 (5.68%)
CNERGY 7.22 Increased By ▲ 0.24 (3.44%)
CPHL 89.39 Increased By ▲ 0.82 (0.93%)
DCL 13.63 Increased By ▲ 0.74 (5.74%)
DGKC 207.47 Increased By ▲ 18.86 (10%)
FCCL 55.37 Increased By ▲ 4.30 (8.42%)
FFL 16.77 Decreased By ▼ -0.02 (-0.12%)
GCIL 28.11 Increased By ▲ 0.33 (1.19%)
HUBC 164.27 Increased By ▲ 1.42 (0.87%)
KEL 5.32 Increased By ▲ 0.15 (2.9%)
KOSM 6.71 Decreased By ▼ -0.04 (-0.59%)
LOTCHEM 21.95 Increased By ▲ 0.35 (1.62%)
MLCF 102.68 Increased By ▲ 6.82 (7.11%)
NBP 148.43 Decreased By ▼ -0.60 (-0.4%)
PAEL 47.76 Increased By ▲ 0.93 (1.99%)
PIAHCLA 19.52 Decreased By ▼ -0.28 (-1.41%)
PIBTL 12.79 Increased By ▲ 0.63 (5.18%)
POWER 17.00 Increased By ▲ 1.10 (6.92%)
PPL 177.31 Decreased By ▼ -0.23 (-0.13%)
PREMA 40.16 Decreased By ▼ -0.75 (-1.83%)
PRL 30.63 Increased By ▲ 0.24 (0.79%)
PTC 22.80 Decreased By ▼ -0.29 (-1.26%)
SNGP 114.59 Decreased By ▼ -0.56 (-0.49%)
SSGC 40.02 Decreased By ▼ -0.13 (-0.32%)
TELE 8.09 Decreased By ▼ -0.04 (-0.49%)
TPLP 10.19 Decreased By ▼ -0.16 (-1.55%)
TREET 23.72 Decreased By ▼ -0.08 (-0.34%)
TRG 57.11 Decreased By ▼ -0.11 (-0.19%)
WTL 1.45 Increased By ▲ 0.01 (0.69%)
BR100 15,085 Increased By 112.5 (0.75%)
BR30 44,012 Increased By 987.7 (2.3%)
KSE100 148,618 Increased By 1274.3 (0.86%)
KSE30 45,248 Increased By 370.7 (0.83%)

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) MNA and senior leader Asad Umar on Tuesday demanded of the government to immediately make public the terms and conditions of the LNG deal with Qatar. According to him, lack of transparency on the deal raises the spectre of fraud and corruption. Asad Umar reminded that almost a year ago on the LNG deal he had raised the issue of LNG imports' terms a conditions and pricing in the National Assembly. He said the answer he got from the petroleum minister was that these are still being negotiated.
"Seemed like a strange answer at the time considering the government had already signed a take or pay contract for the LNG terminal equal to $272 thousand a day and Umar reminded that "now we are two weeks away from this quarter-of-a-million dollar a day payment starting and the nation is still clueless about the terms and conditions and what pricing LNG will be imported at." He said it was unacceptable that while this deal was one of the biggest economic transactions in the history of Pakistan, the government keeps the critical details hidden from the nation. This secrecy and refusal to divulge basic facts to the nation shows that something is certainly not right - some hidden commissions/paybacks perhaps. Umar said it was even more shocking to find a PML-N Parliamentary Secretary state that this issue was not an appropriate issue for the National Assembly to discuss. He concluded that the government should immediately make public the terms and conditions of the deal including the pricing so that the nation is aware of what has been committed to by its leaders.-PR

Copyright Business Recorder, 2015

Comments

Comments are closed.