Pakistan News


After 50 Years, Bangladesh, Pakistan Resume Direct Trade

Feb 24, 2025

Bangladesh has resumed direct trade with Pakistan for the first time since its independence in 1971, with the first shipment of 50,000 tonnes of rice leaving Port Qasim under a government-to-government deal, officials said.The deal follows an…

Pakistan Pushes Qatar LNG Contract with Qatar for a Year

Dec 04, 2024

Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.Annual power use in Pakistan, which gets over a third of its electricity from natural gas…

Pakistan's Import of Russian Crude Facing Obstacles

Jul 31, 2023

Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…

New Pakistan-Australia Direct Service Launched

Jun 07, 2023

Pakistan International Container Terminal Limited (PICT), the International Container Terminal Services, Inc. (ICTSI) subsidiary operating at the Port of Karachi, has partnered with Singaporean shipping line SeaLead to establish a direct service between Pakistan and Australia…

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