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Showing posts with the label #BreakingNewsPK

**Pakistan Cancels Purchase of 45 LNG Cargoes From Qatar & Italy by 2027 ❌⛽🇵🇰 – Major Energy Shift!**

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Pakistan cancels 45 LNG cargoes from Qatar and Italy by 2027 ❌⛽. A major shift in energy policy—here’s what it means for prices, supply, and the economy. 🇵🇰🔍 Pakistan has cancelled the purchase of 45 liquefied natural gas (LNG) cargoes by 2027. According to sources, Pakistan canceled the purchase of 24 LNG cargoes from Qatar and 21 from Italy. Sources say that 24 of the LNG cargoes to be imported from Qatar in 2026 were canceled. According to sources, only one LNG cargo will be imported from the Italian company in 2026 instead of 12. The only LNG cargo imported from the Italian company will arrive in January 2026. Sources say that 10 out of 12 cargoes to be purchased from the Italian company in 2027 have been canceled. According to sources, Pakistan has long-term LNG purchase agreements with Qatari and Italian companies. This cancellation was made for cargoes under long-term LNG purchase agreements. Sources say that the process of canceling LNG cargoes from relevant global compani...

**PayPak System Failure Sparks Outrage: SBP & Banks Under Fire in Senate Committee 🔥⚠️💳**

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PayPak’s major failure triggers strong criticism as SBP and leading banks face tough questions in the Senate Committee. ⚠️💳 Discover what went wrong and why it matters. 🔍🔥 A storm is brewing in Pakistan’s financial sector! ⚠️💳 The **PayPak system failure** has ignited serious backlash as the **Senate Committee grills SBP and major banks** over security, reliability, and public trust. What really happened — and who’s responsible? Tap to uncover the full story! 🔥🔍🇵🇰 In a strongly worded session, the Senate Standing Committee on Finance raised serious concerns over the weak adoption of Pakistan’s local PayPak debit card, accusing banks and the   SBP   of failing to enforce its promotion despite clear regulatory directives. The Senate Standing Committee on Finance sharply criticized the State Bank of Pakistan (SBP) and commercial banks on Tuesday over the continued failure to promote the local PayPak debit card, despite repeated regulatory directives. During the briefing, ...