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  1. farok84

    pakistan is being looted via expensive Qatari gas

    Hi, Please read again. I have provided ample support for gas procured through Iran-Pakistan long term contract to be costlier than Lng procured from Qatar, Eni or Gunvor long term contracts. Yes, I am and any professional who has an ounce of understanding of the industry will tell you the...
  2. farok84

    pakistan is being looted via expensive Qatari gas

    Hi, I will appreciate if you dismiss anything what I wrote with facts and not conjectures and preferred notions. Please go through the post where I have detailed IP pricing from reputable Pakistan and International news outlets and kindly elaborate in detail, how IP gas was or is cheaper...
  3. farok84

    pakistan is being looted via expensive Qatari gas

    Hi, From where, and how will you procure natural gas and that too from spot? And how will it be brought to Pakistan? And in which form will it be? I hope when you find answers to above, you will understand the naivety of your approach and foul comparisons.
  4. farok84

    pakistan is being looted via expensive Qatari gas

    Hi, And why was this ask so outrageous? Firstly, Pakistan based EPC companies like Descon have all the technical expertise to handle such a project, specially when the diameter of pipeline was reduced from 56in to 42in. ISGS was struggling to raise funds for the project, and they asked Iran's...
  5. farok84

    pakistan is being looted via expensive Qatari gas

    Hi, The loan was a meagre $500million for a $2Billion (now almost $3B) pipeline, which would have been paid by Pakistan to Iran by levelling a tariff on end consumer (usually 10% of contract price). The gas Pakistan was supposed to have from Iran was 750mmscf/day. That is, at today's Brent...
  6. farok84

    pakistan is being looted via expensive Qatari gas

    Hi, The GSPA (Gas Sale & Purchase Agreement) was signed between Iran and Pakistan. India backed out of the project in 2009 and didn't sign the GSPA. "India quit the project in 2009, citing costs and security issues, a year after it signed a nuclear deal with Washington."...
  7. farok84

    Featured Pakistan and Russia signed the Agreement on North-South Pipeline Project

    Four-day secret talks on $3 bn gas pipeline: Pakistan, Russia close to finalising Shareholders Agreement By Our Correspondent November 19, 2021 ISLAMABAD: Pakistan and Russia have reached close to finalizing the over 100 pages document of Shareholders Agreement after four-day talks on the $3...
  8. farok84

    pakistan is being looted via expensive Qatari gas

    Hi, Can you please provide landfall and end consumer price comparissions for Qatar (2016 and 2021) Lng Contracts and NG from Iran (through IP) for better understanding. Hi, Can you please provide gas pricing details through IP pipeline for Pakistan?
  9. farok84

    Pakistan's Economy - News and Updates

    ITFC gives $761m to Pakistan for energy imports The Newspaper's Staff Reporter Published November 11, 2021 - Updated a day ago Logo of the International Islamic Trade Finance Corporation (ITFC). — Photo via ITFC website ISLAMABAD: The International Islamic Trade Finance Corporation (ITFC), a...
  10. farok84

    NSA Meet: Doval, Security Czars of 7 Nations Call for 'Collective Approach' to Deal With Terror Threat from Afghanistan

    https://sputniknews.com/20211111/india-as-of-now-has-no-role-to-play-in-afghanistan-says-strategic-analyst-1090649008.html India 'As of Now, Has No Role to Play in Afghanistan', Says Strategic Analyst 17 hours ago (Updated: 15 hours ago) © Photo : Indian Ministry of External Affairs...
  11. farok84

    Pakistan to host Troika Plus meet on Afghanistan on Thursday

    Joint Statement on Troika Plus Meeting, 11 November 2021, Islamabad MEDIA NOTE OFFICE OF THE SPOKESPERSON NOVEMBER 11, 2021 On 11 November 2021, Islamabad hosted a meeting of the extended Troika, comprising Pakistan, China, Russia, and the United States to discuss the latest situation in...
  12. farok84

    NSA Meet: Doval, Security Czars of 7 Nations Call for 'Collective Approach' to Deal With Terror Threat from Afghanistan

    After Delhi Declaration, Russia issues own statement, with tweaks The Indian Express takes a look at how the two statements differed. | New Delhi | Updated: November 11, 2021 7:30:24 am NSA Ajit Doval with other dignitaries during their meeting, in New Delhi, Tuesday (PTI) As Russia issued...
  13. farok84

    China Pakistan Economic Corridor (CPEC) | Updates & Discussions

    Rs38bn Pak-China OFC Phase-II project: Delay in execution to result in escalation of cost Tahir Amin 09 Nov 2021 ISLAMABAD: The military-run Special Communication Organization (SCO) has warned that the delay in execution of Pak-China Optic Fiber Cable (OFC) Phase-II project worth around...
  14. farok84

    Featured Pakistan and Russia signed the Agreement on North-South Pipeline Project

    Blow to $3 bn gas pipeline project: Russia upset over new move by PD for renegotiation on settled issues The 'powerful circles' had highlighted the suspicious involvement of some civil indenters who had ruined the project earlier By Khalid Mustafa November 08, 2021 Workers are seen at the...
  15. farok84

    Pakistan's Economy - News and Updates

    https://www.paklng.com/LNG/T45/FinalEval_T45.pdf PLL receives expensive bids for emergency LNG cargoes Khaleeq Kiani Published November 6, 2021 - Updated about 5 hours ago A file photo of a vessel carrying liquefied natural gas (LNG). — AFP ISLAMABAD: The state-run Pakistan LNG Limited...
  16. farok84

    Pakistan and its expensive LNG procurement

    Hi, Good catch. At least someone read all that :-) . I realized Dawn's mistake while posting following earlier. The problem is, PTI can go to all the talk shows and lash out at whomever from PMLN, PMLN will only need to bring this report out, which PTI has itself submitted to the highest...
  17. farok84

    Pakistan and its expensive LNG procurement

    Hi, Here's an infographic by S&P Global Platts listing some of October spot purchases. Pakistan October procurements. https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/110321-infographic-tight-global-gas-markets-drive-up-asian-spot-lng-prices Thank you for the...
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