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Pak Cabinet approves MoU with US, oil import from India
The cabinet which met here under Prime Minister Raja Pervez Ashraf also approved the memorandum of understanding (MoU) with the United States on new terms of engagements and restoration of Nato supply routes.
Briefing the media representatives later, Information Minister Qamar Zaman Kaira said this is in line with parliamentary committee’s guidelines that there would be no hidden or unwritten agreement with any foreign country and every agreement would be in black and white.
Draft of the MoU was finalised after extensive consultations and input from all relevant ministries and armed forces which reflects transparency in government’s foreign relations, he noted.
Referring to POL imports from India, the minister said: “For import of gas from Iran, we will have to lay about 1,000km pipeline but for import of natural gas from India, we will have to lay only 60km pipeline and if it is feasible, it can provide instant relief to the nation.”
Import of these products could be inexpensive due to proximity factor. Pakistan may export Naphtha to India. The ministry of petroleum was further permitted to initiate talks with India for RLNG import
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