PEW Clarification
Islamabad: Dated July 16
It is to inform all the concerned that PEW standby its stance over expected LNG deal.
The matter has been published in the independent media and later contradicted
by the Petroleum Ministry, a statement issued here said.
It is to clarify that the estimates of loss expected to the public exchequer were
very conservative. The actual losses, if deal finalised, will be much higher.
It must be noted that a lot is going on in the petroleum ministry, involving top officials,
which can be brought to the limelight immediately if PEW continued to receive threats.
PEW is not against any person or institution, we have pointed out what we thought was wrong.
It is to clarify that we will continue to highlight such issues. Ministries and departments are
advised in the national interest to put their own house in order.
Anyone, having any reservation over any news, is free to invoke the law.
The spot rate of LNG has yet not touched the mark of $13 mmbtu.
--
0332-9220750
Abdullah Tariq,
SVP, Pakistan Economy Watch
Tariq Khattak.
0300-9599007 and 0333-9599007
Tariqgulkhattak@gmail.com
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