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IDB to give Pakistan PKR63.23bn for oil, LNG import

 IDB to give Pakistan PKR63.23bn for oil, LNG import

Pakistan and the International Trade Finance Corporation of the Islamic Development Bank (IDB) signed a financing agreement amounting to USUSD386mn (PKR63.23bn) for the import of oil and Liquified Natural Gas (LNG), foreign media reported on Monday. The facility will be utilized by Pakistan State Oil Company Limited, Pakistan Arab Refinery Limited, and Pakistan LNG Limited. The Pakistani side emphasized the importance of this agreement and its role in promoting economic and social development.

Source: https://www.thenews.com.pk/print/728809-idb-to-give-pakistan-rs63-23-bn-for-oil-lng-import

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