Small industries can buy low-price spot LNG: minister
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The government made low price LNG spot offer for small industries, the 24NewsHD TV channel reported on Saturday.
Addressing a press conference, the minister made the announcement. However, he said the industries can’t resell the low-price LNG spot
Instead of subsidy on fertilisers, it is better to give subsidy directly to the farmer, he said adding that Russian Russian oil will come to Pakistan every month.
On July 24, there will be an agreement to purchase LNG from Azerbaijan, he maintained, adding that the agreement with Saudi Arabia on a refinery will be reached soon.
On the margin of petroleum dealers, the minister said the increase in dealers' margin is subject to the salaries and welfare of their employees and the dealers have to implement ensure fulfilling the requirement to increase their margin.