Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Pakistan buys Nigerian LNG, takes delivery of 70,000 metric tons

Chris Pemu by Chris Pemu
November 29, 2017
in Business News
Pakistan buys Nigerian LNG, takes delivery of 70,000 metric tons

President Buhari and Pakistani Prime Minister Shahid Khakan Abbasi

Share on FacebookShare on TwitterShare on Linkedin

Pakistan Head of Chancery at the Pakistan High Commission  Asim Khan has disclosed to newsmen in Abuja that his country has commenced buying Liquefied Natural Gas (LNG) as part of efforts to deepen the economic relationship with Nigeria.

According to Khan, the first consignment of 70,000 metric tons of gas arrived at Pakistan’s Port Qasim in Karachi.

He said that the importation marked the beginning of a major business expansion between Nigeria and Pakistan in the oil and gas sector.

RelatedPosts

Why A Drop In Inflation Does Not Necessarily Mean A Drop In Prices Of Commodities

20 Financial Terms You Need To Know In The Stock Market

“In the future, we are expecting much trade in this as well as in other sectors,’’ he said.

The diplomat said that Pakistan utilised gas heavily for both domestic and generation purposes.

Before to the commencement of gas importation from Nigeria, Pakistan was importing from Qatar to meet it’s domestic gas needs.

News continues after this ad


As the relationship between Nigeria and Pakistan waxes stronger, Pakistan also recently opened scholarship offer for about 50 Nigerians for undergraduate studies in science-related courses at some of its higher institutions.

“In the future, we are expecting much trade in this as well as in other sectors,’’ he said.

Prior to the commencement of gas importation from Nigeria, Pakistan was importing from Qatar to meet it’s domestic gas needs.

Bilateral trade between Nigeria and Pakistan reached US$56 million in 2010. Pakistan exported $37million worth of goods to Nigeria while it imported $19 million worth of goods from the Nigeria. Pakistan main export items includes textile garments, home appliances, surgical equipment and rice. Nigeria also imports military hardware from Pakistan.

Related

Tags: News ReviewNigeria-Pakistan trade

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • FBN Holdings appoints Samson Oyewale Ariyibi, Patrick Iyamabo as executive directors
    • International Breweries gets NGX’s approval for free float compliance extension
    • Can Elon Musk buy Manchester United?

    Follow us on social media:

    Recent News

    The ABCs of Accessing Finance for your Business

    FBN Holdings appoints Samson Oyewale Ariyibi, Patrick Iyamabo as executive directors

    August 17, 2022
    Despite intensive advertising, International Breweries reported lower revenue and a loss 

    International Breweries gets NGX’s approval for free float compliance extension

    August 17, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com