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Pakistan said on Wednesday it had signed a 15-year agreement to import up to 3.75 million tonnes of liquefied natural gas a year from Qatar, a major step in filling Pakistan's energy shortfall. The deal, Pakistan's biggest, will help the country add about 2,000 megawatts of gas-fired power-generating capacity and improve production from fertiliser plants now hobbled by a lack of gas, a government official said.
Minister for Petroleum Shahid Khaqan Abbasi has said that import of 3.75 tons LNG annually from Qatar would be sufficient for 20 per cent needs of the country and would be first used for reviving closed power plants of this energy-starved country. Talking to PTV News from Doha, the Minister said that "This agreement is hailed around the world as the most cost effective deal for LNG globally under which Pakistan will keep importing this fuel from Qatar till 2031," he added.
Pakistan International Airlines Corporation (PIAC) resumed its full operations Wednesday after bearing a loss of up to Rs 5 to 6 billion due to the strike, which had brought the flight and ground operations of the national carrier to halt for eight days. PIA operated 117 flights on Wednesday including 43 international flights. Due to adjustments being made to accommodate maximum number of passenger load in relatively short time, some change in timings of flights was seen.
A delegation headed by the national carrier's Joint Action Committee chairman met the Punjab Chief Minister to defend it, saying "it is a national institution and its protection and development is our joint responsibility". Chairman Sohail Baloch also praised the committee, claiming it had taken a "commendable step in the national interest by ending the strike".
Chief of Army Staff General Raheel Sharif said on Wednesday that terrorists are being funded externally by hostile foreign intelligence agencies and their sympathisers at home providing shelter and refuge to them. According to the Inter Services Public Relations (ISPR), General Raheel said this while addressing the Corps Commanders' Conference at the General Headquarters.
The chief of country's premier civilian intelligence agency on Wednesday revealed before a Senate committee that the network of Daesh in Pakistan has been unearthed. Director General (DG) Intelligence Bureau (IB) Aftab Sultan said this while briefing a Senate Standing Committee on Interior and Narcotics Control presided over by Senator Rehman Malik. He said that Daesh and other banned organisations are using social media but effective steps have been taken to counter cyber crime and abuse of social media.
In a surprise move, National Electric Power Regulatory Authority (Nepra) has withdrawn upfront tariff for three RLNG-fired power plants on technical grounds, saying that since the efficiency of the three RNLG projects has different specifications, universal upfront tariff is not applicable. The Authority on April 3, 2015 determined and announced upfront tariff for RLNG-based new power projects on petition filed by Private Power and Infrastructure Board (PPIB) for determination of upfront tariff for new capacity generation on RLNG fuel.