New Delhi, April 14 (IANS) Pakistan’s benchmark KSE-100 Index witnessed sharp volatility this week, plunging in early trade on Monday after US-Iran talks failed to yield a breakthrough, before staging a strong rebound a day later on hopes of renewed diplomacy.The index tumbled nearly 4,800 points within minutes of the market opening on Monday — reflecting panic selling across sectors.During early trade on the same day, the gauge was trading at 162,396.21, down 4,795.16 points, or 2.87 per cen…
Latest Pakistan State Oil News & Updates
New Delhi, March 21 (IANS) Pakistan will continue to pay over $15 million a month in capacity and utilisation charges to its LNG terminals even after QatarEnergy declared force majeure earlier this month, according to a new report.According to the report by The News International, Pakistan is making daily payments of about $538,535 to the two terminals despite the suspension of LNG production from March 2.Federal Minister for Petroleum, Ali Pervaiz Malik, reportedly criticised the agreements, de…