The State Oil Company of the Republic of Azerbaijan (SOCAR) has announced plans to finalise its investment in Pakistan’s oil and gas sector in February, following a high-level business roundtable held on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos. The roundtable was chaired by Federal Minister for Finance and Revenue, […]

Pakistan has asked Iran to grant a fresh 10-year extension until 2035 for the implementation of the long-delayed Iran-Pakistan gas pipeline, as the country faces a possible $18 billion penalty in international arbitration. According to reports, Islamabad has cited ongoing US sanctions on Iran as the main reason for its inability to complete its part […]