Pakistani government's decision to import LNG from Qatar at exorbitant rates and extraordinarily generous LNG terminal contract to a leading business group smack of a major corruption scandal that needs an independent investigation.
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The government has approved 10 new coal-fired power plants to ease Pakistan’s mounting energy crisis, with some areas of the country facing power cuts of 20 hours a day.
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Pakistan and China are currently in talks over a potential deal that could see China sell Pakistan three large nuclear plants for around $13 billion, the Wall Street Journal reported Monday. The new talks come on the heels of China-Pakistan nuclear cooperation on a complex containing two nuclear plants in Karachi – a $9 billion project – which was ceremonially inducted by Prime Minister Nawaz Sharif …
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