Pak may import diesel, furnace oil from India

May 26, 2012 16:13

The Pakistan government is considering a proposal to meet its needs for diesel and furnace oil from India as imports from the neighbouring country will cost 30 per cent less than those from Gulf countries, a media report said today.

"We are in deficit and will take up the issue of diesel and furnace oil import with an Indian team scheduled to meet with us in Islamabad on Monday," Petroleum Minister Asim Hussain told The Express Tribune.

Hussain said Pakistan is a major importer of diesel and furnace oil and the two products could be purchased from India at cheaper rates.

"We are interested in fulfilling our total requirements of diesel and furnace oil through imports from India," he said.

« Back to LIVE

TOP STORIES

Phase 1 sees 62.37% voter turnout, final figures on Saturday

"The voting percentage is likely to go upwards when reports from all polling stations are obtained as polling is scheduled till 6 pm in many constituencies. Final figures will be known on Saturday after the scrutiny of form 17A," the EC...

Gymnast Dipa Karmakar fails to qualify for Olympics in vault

Dipa Karmakar claimed a creditable fourth place in the women's vault final at the FIG Apparatus World Cup.

Using children in pornography a matter of serious concern, an offence too: SC

The observations came from a bench of Chief Justice DY Chandrachud and Justice J B Pardiwala while reserving the verdict on an appeal filed by NGOs -- Just Rights for Children Alliance of Faridabad and New Delhi-based Bachpan Bachao...

India's free style wrestlers miss out on Olympic qualification

Aman Sehrawat missed out on securing a berth for the Paris Games after losing his semi-final at the Asian Olympic Qualifier.

Impact Player rule not ideal for coaches, says Ponting

Delhi Capitals head coach Ricky Ponting said fans should be able to decide on the future of the Impact Player ruling in IPL.