Gautam
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India and Pakistan are set
strengthen business links in
2012 by trading electricity and
petroleum products, according to
Times of India.
Talks will start in the second week of
January on a 200-km pipeline
originating from the Bathinda Refinery
to transport surplus diesel from India
to Pakistan. Sources said discussions
at the commerce secretary level have
taken place, and now specialists from
the two countries will thrash out the
details, when a delegation from
Pakistan visits India.
The Guru Gobind Singh Refinery
Project being jointly built by
Hindustan Petroleum and LN Mittals
Mittal Energy Investment Private
Limited Singapore is expected to go
on stream shortly and add to the
countrys surplus refining capacity. In
contrast, Pakistan faces scarcity and
will have quicker access to fuel.
Officials said that Hindustan Petroleum
-Mittal Energy will gain as the cost of
transporting fuel through a pipeline will
work out be much less than shipping it.
The contours of the deal are expected
to be finalized over the next few
weeks, and may be announced when
commerce and industry minister Anand
Sharma visits Pakistan in mid-
February with a business delegation.
Apart from minister-level and
business-to-business talks, the
government has also lined up an India
Show to strengthen the recent
bonhomie on the trade front.
Meanwhile, officials from the two
countries have decided to trade in
electricity through a specially-built
high voltage direct current link
between Amritsar and Lahore. The
plan is to transfer 500MW through the
Punjab border with the tariff linked to
the market rate.
The proposal is awaiting a clearance
from the defence ministry before an
agreement is signed.
---------- Post added at 06:30 PM ---------- Previous post was at 06:30 PM ----------
Pakistan may import diesel from India – The Express Tribune
strengthen business links in
2012 by trading electricity and
petroleum products, according to
Times of India.
Talks will start in the second week of
January on a 200-km pipeline
originating from the Bathinda Refinery
to transport surplus diesel from India
to Pakistan. Sources said discussions
at the commerce secretary level have
taken place, and now specialists from
the two countries will thrash out the
details, when a delegation from
Pakistan visits India.
The Guru Gobind Singh Refinery
Project being jointly built by
Hindustan Petroleum and LN Mittals
Mittal Energy Investment Private
Limited Singapore is expected to go
on stream shortly and add to the
countrys surplus refining capacity. In
contrast, Pakistan faces scarcity and
will have quicker access to fuel.
Officials said that Hindustan Petroleum
-Mittal Energy will gain as the cost of
transporting fuel through a pipeline will
work out be much less than shipping it.
The contours of the deal are expected
to be finalized over the next few
weeks, and may be announced when
commerce and industry minister Anand
Sharma visits Pakistan in mid-
February with a business delegation.
Apart from minister-level and
business-to-business talks, the
government has also lined up an India
Show to strengthen the recent
bonhomie on the trade front.
Meanwhile, officials from the two
countries have decided to trade in
electricity through a specially-built
high voltage direct current link
between Amritsar and Lahore. The
plan is to transfer 500MW through the
Punjab border with the tariff linked to
the market rate.
The proposal is awaiting a clearance
from the defence ministry before an
agreement is signed.
---------- Post added at 06:30 PM ---------- Previous post was at 06:30 PM ----------
Pakistan may import diesel from India – The Express Tribune
...surplus diesel that too in a country like India 
zardari ne hamara teel nikal diya hai 
