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First cargo of Russian crude to arrive in Pakistan in April: Musadiq

First cargo of Russian crude to arrive in Pakistan in April: Musadiq

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First cargo of Russian crude to arrive in Pakistan in April: Musadiq

State Minister for Petroleum Dr Musadik Malik has said Pakistan will receive first cargo of crude oil from Russia in April this year.

In a television talk show, the state minister said the government had fulfilled ’80 per cent to 85pc’ of negotiations with Russia.

He said commercial deal was in the final stages, and by the month of March the entire commercial deal would be negotiated.

“In April, we will give them the first shipping order. The first cargo of crude oil from Russia will arrive in by the end of April.”

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Malik said the country would receive one-third of its crude oil imports from Russia at a concessional rate “the impact of which will be translated to the people.”

Regarding the latest price hike, the minister said the government pays dollars for oil, and at the moment the country is short of it. “Oil prices are dependent on ongoing international prices and the currency parity,” he added.

The minister shared that Pakistan imports $2 billion to $2.5 billion of energy commodities per month. “If we give subsidy on it, the entire liquidity of the country will be drained off,” Malik said.

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4.3 magnitude earthquake jolts parts of Punjab

4.3 magnitude earthquake jolts parts of Punjab

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4.3 magnitude earthquake jolts parts of Punjab

An earthquake measuring 4.3 on the Richter scale struck various parts of Punjab including Lahore on Monday 

People came out of their homes in panic and started reciting verses from the Holy Quran. No loss of life and property was reported in any part of Punjab. 

According to the National Seismic Monitoring Centre, Islamabad, the epicentre of the earthquake was located five kilometres south of Sheikhupura at the depth of 45 kilometres.

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Pakistan Army shoots down Indian quadcopter on LoC

Pakistan Army shoots down Indian quadcopter on LoC

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Pakistan Army shoots down Indian quadcopter on LoC

Pakistan Army has shot down a spy quadcopter of Indian Army on the Line of Control (LoC).

According to a statement issued by the Public Relations Department of the Pakistan Army (ISPR), on Monday, an Indian Air Force quadcopter spying on Pakistan was shot down.

The ISPR said that the army has found the downed quadcopter inside Pakistani territory.

It may be recalled that it is the fifth anniversary of Operation Swift Retort today. On February 27, 2019, the Pakistan Air Force shot down Indian fighter planes that violated Pakistani airspace. 

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PTI founder, Bushra Bibi indicted in 190m pound case

PTI founder, Bushra Bibi indicted in 190m pound case

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PTI founder, Bushra Bibi indicted in 190m pound case

 An accountability court indicted the PTI founder and his wife Bushra Bibi in the ill-famous 190 million pound case – also previously known as Al-Qadir Trust case – as the judge, Nasir Javed Rana, held hearing at the Adiala jail.

All the cases involving the former PTI chairman are being heard at the jail premises – where he is imprisoned – because of the security threats, for which Bushra Bibi was shifted from her Bani Gala residence where she is serving her sentences in two cases – Toshakhana and illegal/un-Islamic marriage.

Meanwhile, her husband has so far been convicted in three cases – cipher, Toshakhana and illegal/un-Islamic marriage.

During the proceedings, the two accused pleaded not guilty, as the judge adjourned proceedings till March 6 while also summoning five witnesses to record their statements on next hearing.

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However, the accountability court accepted two pleas filed by the PTI founder, requesting permission for an appointment with his dentist and general physician.

Previously, the indictment had been postponed on several occasions due to the absence of Mohammad Bashir – the accountability court judge who is set to retire on March 14 and has applied for leave preparatory to retirement (LPR).

However, the law ministry last week appointed District and Sessions Judge Rana as an Accountability Court No 1 Islamabad judge to replace Bashir who went on leave on deputation for a period of three years. 

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