The statement clarified that the government has been buying the gas as required, despite higher international prices.


Islamabad: The Finance Ministry Wednesday categorically refuted the contents of a news item published in a section of the press on the gas shortfall and termed it as completely misleading and out of context.
A press statement issued by the finance ministry stated that the news—taking rounds on the internet regarding “Government couldn’t purchase gas Cargoes in time” is completely false and misleading.
The statement clarified that the government has been buying the gas as required, despite higher international prices.
The Adviser Finance had not mentioned at any point that winter gas shortfalls were due to non-procurement of LNG on time, the statement added.
It is also clarified that very little LNG was diverted to domestic gas consumers because of the high price differential and the gas shortages in winter which the country faces every year due to the depletion of local gas fields.
COURTESY: APP

The Supreme Court broke democracy by saying the quiet part out loud
- 12 گھنٹے قبل
Trump heads to China, says no need for Xi's help on Iran war
- 11 گھنٹے قبل

Why the American Southeast is becoming a new hotspot for wildfires
- 21 گھنٹے قبل
Beyond duty – the silent strength of nurses
- 11 گھنٹے قبل

Criminal justice system in Punjab needs forensic evidence governance reforms
- 10 گھنٹے قبل

SBP receives about $1.3bn under IMF's EFF, RSF
- 12 گھنٹے قبل
Trump lands in China for Xi summit with Nvidia CEO in tow
- 10 گھنٹے قبل

Can Trump lower gas prices?
- 21 گھنٹے قبل

Help! My friend is replacing me with AI.
- 21 گھنٹے قبل

Internationally acclaimed fashion designer and stylist Amna Inam arrives in Pakistan
- 12 گھنٹے قبل
Stars descend as Cannes Film Festival opens without Hollywood backing
- 12 گھنٹے قبل

Is your makeup making you sick?
- 12 گھنٹے قبل






