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Pakistan to get 450 cargoes in 10 years at 10.13pc of Brent
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 deal is done at 10.20 percent of the Brent.
The port charges per LNG cargo at Qasim Port stands at $620,000-750,000, but Qatargas would pay the port charges of $320,000 on its one cargo while the remaining is paid by PSO. However, now under new LNG deal the Qatargas will now pay $400,000 and the remaining will be paid by the PSO and this is how the state owned entity will have a relief of $80,000 per cargo, which will help reduce the tariff of LNG with effective rate of 10.13 percent of the Brent. And just under the head of port charges relief from Qatar, Pakistan will be able to enjoy relief of $38 million in 10 years.
Top Story
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 deal is done at 10.20 percent of the Brent.
The port charges per LNG cargo at Qasim Port stands at $620,000-750,000, but Qatargas would pay the port charges of $320,000 on its one cargo while the remaining is paid by PSO. However, now under new LNG deal the Qatargas will now pay $400,000 and the remaining will be paid by the PSO and this is how the state owned entity will have a relief of $80,000 per cargo, which will help reduce the tariff of LNG with effective rate of 10.13 percent of the Brent. And just under the head of port charges relief from Qatar, Pakistan will be able to enjoy relief of $38 million in 10 years.
Top Story
March 5, 2021
ISLAMABAD: Pakistan will import 450 cargos in 10 years from Qatar under a new LNG deal at the rate of 10.13 per cent from January 1, 2022 though the deal is done at 10.20pc of the Brent.
The port charges per LNG cargo at Qasim Port stand at $620,000-$750,000, but the Qatargas pays port charges of $320,000 on its one cargo and the remaining is paid by the PSO. However, now under the new LNG deal, the Gasgas will pay $400,000 and the remaining will be paid by the PSO and this is how the state-owned entity will have a solace of $80,000 per cargo that will help reduce the tariff of LNG with effective rate of 10.13 per cent of the Brent. And just under the head of port charges relief from Qatar, Pakistan will be able to have solace of $38 million in 10 years.
Govt to set up ferry terminals
Gwadar, Karachi, Qasim port authorities assigned the task
APP
January 21, 2021
The ferry will take almost 13 hours to reach Gwadar from Karachi and offer healthcare services, a high-standard cafeteria and other basic facilities. It will run three days a week as well as at the weekend. PHOTO: FILE
ISLAMABAD:
The port authorities of Gwadar, Karachi and Qasim would establish ferry terminals replicating all the operation facilities related to security, immigration and customs of any international airport country in collaboration with other ministries concerned.
This was the crux of the maritime affairs ministry meeting, which was held on Wednesday to review progress on the commencement of ferry service to all possible destinations across the world, according to a press release.