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  1. farok84

    2 years in jail, Rs500,000 fine for mocking Pakistani forces as amendment bill passed

    Hi, I have shared the relevant part in my earlier post. You can find it quoted below.
  2. farok84

    2 years in jail, Rs500,000 fine for mocking Pakistani forces as amendment bill passed

    Hi, At the end of the day, it will be the courts that will interpret what is constructive, non constructive, fact, conjecture or propaganda, like in case of any other crime, the verdict will be with the courts and judiciary. What this amendment provides is a legal framework under which AG/...
  3. farok84

    India wields oil 'weapon' to cut dependence on Saudi Arabia

    Hi, KSA's crude oil export is over 7 million barrels per day. India at 14.8 million barrels/month (~495,000 bpd), accounts for only 7% of KSA's total daily crude oil exports. The notion that India can wield oil as a weapon against KSA is laughable. This characterization will also make other GCC...
  4. farok84

    Pakistan's Economy - News and Updates

    https://tribune.com.pk/story/2292520/pakistan-gets-promising-response-to-lng-tender Pakistan gets promising response to LNG tender PLL receives bids in range of $6.7 to $6.925 per mmbtu for eight cargoes Our Correspondent April 01, 2021 ISLAMABAD: With the fall in global demand for...
  5. farok84

    Pakistan's Economy - News and Updates

    Hi, It's extremely saddening to see people are ready to dismiss and defend blatant corruption this quickly. The greatest achievement of these corrupt politicians, is the normalization of corrupt practices in eyes of common man, such a sad state of our collective moral bankruptcy. If the...
  6. farok84

    Pakistan's Economy - News and Updates

    Hi, When these contracts were signed, PMLN was in government. Senator Mir Hasil Khan Bizenjo (Late) was the federal minister for Maritime Affairs during PMLN's last tenure.
  7. farok84

    University of Lahore expels students for hugging on campus

    The University of Lahore couple's crime was being too happy for Pakistanis PUBLISHED A DAY AGO We have way more to worry about than a young couple in love. Two consenting adults hugged at the University of Lahore and Pakistan went mad. Half the country wanted the couple and everything they...
  8. farok84

    Pakistan to save $300mn annually from Qatar LNG deal: Imran Khan

    https://www.reuters.com/article/us-qatar-lng-exports-analysis-idUSKBN2B80EZ "Qatar Petroleum has already shown a preparedness to cut prices to secure deals, as seen last month when a new 10-year deal with Pakistan was priced at a 10.2% ‘slope’ of Brent crude oil compared with a 13.37% Brent...
  9. farok84

    Pakistan's Economy - News and Updates

    LNG: delivering on our promises When my fellow Pakistanis read this, the first question that may come to mind is why the minister for maritime affairs is writing an article on LNG. So, let’s start with that. My association with the PTI spans over two decades. I joined the struggle in 1999 and...
  10. farok84

    Pakistan's Economy - News and Updates

    Hi, Do you have more information on why such a high port charge was levied? The article says $100k being charged for channel development, and comparing with the port charges in Qatar (under $150k), this leaves us with $370k-$500k higher charges. Ultimately, this extra amount is paid by PSO/ PLL...
  11. farok84

    Pakistan to save $300mn annually from Qatar LNG deal: Imran Khan

    New LNG deal with Qatar: Pakistan to get 450 cargoes in 10 years at 10.13pc of Brent Khalid Mustafa March 5, 2021 ISLAMABAD: Pakistan will import 450 cargos in 10 years from Qatar under G-to-G (govt to govt ) new LNG deal with effective rate of 10.13 percent from January 1, 2022 though the...
  12. farok84

    Pakistan's Economy - News and Updates

    CCOE approves assessment of port charges on LNG vessels Cabinet body endorses proposal of conducting independent assessment for better rates Zafar Bhutta March 05, 2021 ISLAMABAD: The Cabinet Committee on Energy (CCOE) has approved a proposal for conducting an independent assessment of port...
  13. farok84

    Qatar Petroleum to supply 1.25m tonnes of LNG to Bangladesh

    Hi, It depends on individual contracts. For existing Qatar - Bangladesh contract, the price is 12.65% of 3 months averaged Brent + $0.5/mmbtu. At today's Brent price of $64/bbl, this Qatari Lng per tonne is $444.4132. P = 12.65% x (64) + 0.5 = $8.596/mmbtu or $444.4/ton LNG. For existing...
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