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Govt unlikely to buy spot LNG in summer

Pakistan is unlikely to buy liquefied natural gas (LNG) cargoes on the spot market until at least the beginning of winter in November due to oversupply and high prices, its petroleum minister told Reuters. Extreme temperatures across Asia have pushed countries to seek more cargoes of LNG to address higher power demand, driving spot prices to their highest since mid-December. Asia spot LNG last traded at $12.00 per million British thermal units (mmBtu) on Friday. However, LNG demand in the second largest south Asian LNG buyer was “subordinate to supplies,” the minister told Reuters, despite heatwaves baking the country of 300 million people with temperatures surging to a near-record. “The question of getting more LNG when we can’t sell the amount of LNG that we already are obtaining from our long-term contracts, it does not apply,” Petroleum Minister Musadik Masood Malik told Reuters in an interview. Annual power use in Pakistan, which gets over a third of its electricity from natural g...

LIVE: PM Shehbaz addresses nation

Prime Minister Shehbaz Sharif is addressing the nation. During his address, the Prime Minister sent Eidul Azha wishes to the nation and commented on the rising death toll in the Gaza conflict, which has reached 40,000. “Such devastating visuals have never been seen before,” he said. https://ift.tt/d3Gh8A6 He also spoke about the situation in Kashmir, stating, “The valley is covered in the blood of our Kashmiri brothers and sisters.” He prayed for the progress and liberation of Kashmir. Prime Minister Shehbaz said the economic situation in 2022 was evident to everyone, as Pakistan was saved from defaulting, crediting PML-N leader Nawaz Sharif for this achievement. “We delivered on our promises… Pakistan is on the road to progress and development now,” he said. He acknowledged that the road ahead is not only long and difficult but also demands sacrifices from both government personnel and the salaried class. He vowed to bring a revolution of progress and development in Pakistan. “After b...

13 special prosecutors replaced in Punjab for May 9 cases

In a major development, 13 special prosecutors in Punjab have been replaced for cases related to the May 9 incidents. This major reshuffle affects the prosecution of cases including the attack on Askari Tower and other incidents from the day when former premier and PTI founder Imran Khan was arrested from the Islamabad High Court (IHC). The Ministry of Interior has issued a notification appointing new special prosecutors to handle these high-profile cases. The newly appointed special prosecutors are Advocate Chaudhry Armaghan Ahmed Pasha, Asif Javed Qureshi, Rao Abdul Jabbar, Advocate Arif Awan, Ilyas Habib, Malik Sarood, Rana Ashfaq, Rana Manzoor, Advocate Rana Naveed Ashiq, Rana Noman, Shahid Mehmood Minhas, and Shahid Shaukat. These prosecutors will now represent the state in court for the May 9 cases, ensuring legal proceedings are conducted efficiently and effectively. Read Another PTI leader secures bail in May 9 cases Previously, the Lahore High Court (LHC) on June, 13 ...

Supreme Court to take up ECP’s tribunal plea on 20th

A day after it was filed, the Supreme Court on Friday scheduled the Election Commission of Pakistan’s (ECP) petition — challenging the Lahore High Court’s decision to appoint six tribunals to settle polls disputes in Punjab — for hearing on June 20. A division bench of the apex court comprising Chief Justice of Pakistan Qazi Faez Isa and Justice Naeem Akhtar Afghan will take up the matter. Instead of filing an intra-court appeal (ICA), the ECP has approached the SC against the decision of a single judge of the LHC. It has been learnt that the ECP’s legal team was also interested in moving an ICA but a senior law officer suggested that the commission should approach the apex court against the LHC decision. A cause list has been issued about the scheduling of the ECP’s petition. It will be interesting to see whether the top court’s division bench will urge the ECP to move an ICA in the LHC or grant it the right to appeal. It will also be intriguing to observe whether the SC division benc...

Pakistan sends its 9th humanitarian aid shipment to Palestine

Pakistan dispatched its ninth shipment of humanitarian aid to Palestine, the Prime Minister’s Office announced Friday. The aid, totalling around 300 tons, comprises medicines, hygiene kits, and food packs, and is destined for Aqba Port in Jordan for further distribution to Gaza. This shipment follows eight previous consignments sent by Islamabad, including winterised tents, blankets, surgical supplies, medicines, female dignity kits, and food packs. Read also: Pakistan dispatches more aid for Gaza Israel has killed nearly 37,800 Palestinians, most of them women and children, and injured over 85,100 since Oct. 7, according to local health authorities. Over eight months into the Israeli war, vast tracts of Gaza lay in ruins amid a crippling blockade of food, clean water and medicine. from Pakistan News, Latest News Pakistan, Pakistan Headline | The Express Tribune https://ift.tt/B4i56Nm

Imran Riaz Khan released after courts dismiss FIRs lacking evidence

Anchorperson Imran Riaz Khan was released by Sarwar Road police after magistrates dismissed two FIRs against him on consecutive days. The FIRs accused him of breaching trust and interfering in state matters. Imran Riaz was apprehended at Lahore airport in the early hours of Wednesday as he was departing to Saudi Arabia for Hajj pilgrimage, his lawyer Advocate Azhar Siddique stated. Earlier this year, Imran Riaz was arrested in a corruption case regarding the Dhrabi Lake contract in Chakwal and later granted bail by a special court. However, he was rearrested in another case related to violence outside PTI founder Imran Khan’s Zaman Park residence. On March 10, an anti-terrorism court granted him post-arrest bail against surety bonds worth Rs200,000. "Registration of cases or even my arrest does not matter to me, but what hurt me the most was being restrained from performing Hajj," said Imran Riaz. The courts found that the cases lacked evidence and the accusations were unfoun...

No point negotiating with ‘powerless’ govt: Imran Khan

Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Friday stated that there is no point in negotiating with a government that lacks authority. During an informal conversation with the media during the hearing of the £190 million reference at Rawalpindi’s Adiala Jail, he accused the administration of pressuring judges who rule in favour of PTI and criticised the recent budget for burdening salaried individuals. Khan alleged that a judge from Sargodha informed the Lahore High Court about pressure exerted by intelligence agencies. He claimed that the judge’s household gas supply was cut off and that judges sympathetic to PTI face immense pressure. "Journalists speaking in favour of PTI are being targeted; Raoof Hassan was attacked, and Ali Zaman was tortured," Khan asserted, implicating intelligence agencies in these actions. Khan urged the Chief Justice of Pakistan Qazi Faez Isa to uphold the rule of law amidst these interferences. Khan praised a judge from Sargodha, six judg...