The International Crisis Group has reported widespread discontent with the China-Pakistan Economic Corridor (CPEC) among the local people over issues like inadequate employment and the overbearing presence of the military in civilian life along the 2,700km corridor.
Pakistan and Russia have finalised a memorandum of understanding (MoU) for conducting a “feasibility study” of a planned undersea gas pipeline.
Pakistan’s anti-corruption agency has approved an inquiry into former prime minister Shahid Khaqan Abbasi and his predecessor Nawaz Sharifover a liquefied natural gas(LNG) terminal project, the agency said.
Pakistan warned on Friday that water issues with India can lead to a dangerous situation and that Islamabad wants a peaceful resolution of such problems as per the spirit of the 1960 Indus Waters Treaty (IWT).
The National Security Committee of Pakistan on 2nd May asked the Water Resources Division to forcefully pursue the violations of the Indus Water Treaty by India with the World Bank.
Pakistan today approached the World Bank amid reports that India could revoke the 56-year- old Indus Water Treaty, with senior Pakistani officials taking up the matter with the international lender which had mediated the water-sharing deal
India’s first floating storage and regasification terminal or FSRU could begin importing LNG as early as the fourth quarter of this year on the country’s west coast, the project’s developer H-Energy Gateway Private Ltd and France’s Engie, said in separate statements this week.
Just a pledge from China to help upgrade Pakistan’s train network has prompted authorities in the South Asian nation to overhaul its colonial-era rail infrastructure.
A Chinese delegation has expressed keen interest in developing join ventures with Pakistan in the energy sector. During a meeting with the Pak-China Joint Chamber of Commerce and Industry (PCJCCI), the delegation presented numerous propositions for the success of projects under the China-Pakistan Economic Corridor (CPEC) and to promote allied investment from China’s private sector.
Pakistan State Oil (PSO) this week issued its first fuel oil import tender for the year after suspending purchases at the end of 2017 ahead of an expected pickup in demand during summer.