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A BUSINESS DEAL OR PERSONAL RELATION

It’s a business deal or the personal relation which help the government to have a big investment with billion dollars. As foreign minister, Shah Mahmood Qureshi deposited gifts worth millions of rupees from Saudi Crown Prince Mohammad bin Salman in the Toshakhana. This gift worth Rs. 6.35 million which include

Rolex watch: Rs 4.85m
A gold pen embedded with gems: Rs 950,000
A pair of gold cuff links: Rs 135,000
Rosary (tasbeeh) with precious gems: Rs 205,000
Gold ring: Rs 210,000

The Prince Mohammad Bin Salman himself is required to remain at Prime Minister House, two of the best lodgings in Islamabad have been reserved completely for individuals from his staff, while two others have been mostly reserved. The ruler's activity hardware, furniture, and other individual effects have just achieved Islamabad, while his security group and Saudi media delegates have additionally touched base in the capital in front of his visit.


As he makes an agreement over $10 billion dollars during upcoming visits. He is deciding to have an investment in liquefied natural gas (LNG) and frontier oil company (FOC). Where he will be watching CPEC and mineral resource development.

The ECC permitted the Frontier Oil Company, a backup of the Frontier Works Organization (FWO), to embrace and execute the 470km Machike-Taru Jabba oil pipeline venture. The task comprising of three segments — Machike-Chak Pirana, Chak Pirana-Rawat, and Rawat-Taru Jabba — plans to transport fast diesel and engine soul.

Educated sources said the ECC had rejected an interest by the Interstate Gas Systems (ISGS), a backup of the oil division, to enable it to actualize the 470km pipeline venture according to a choice of the past government.

The sources said the ECC had permitted the two contenders — FOC and ISGS — to show their proposition and react to inquiries from the advisory group individuals, yet the ISGS the executives neglected to fulfill the board on the inquiries raised. Additionally, the FOC and Oil and Gas Regulatory Authority (Ogra) unmistakably exceeded the ISGS contentions on specialized and budgetary grounds.


Finance Minister Umar asked the ministries of energy and maritime affairs for the future requirements of LNG. The demand and supply are based on the ECC to decide the location of the plant. This may help Pakistan to progress to make industrialist and make a name is an agriculturist too. This may develop the mineral resources of Pakistan and have economic value.


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Location: Lahore, Punjab, Pakistan

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