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Pakistan Not Finalized Reko Diq Stake Sale to Saudi Arabia, Says Petroleum Minister

admin-augaf by admin-augaf
December 31, 2024
in Business, Finance, International, National, News
Reading Time: 1 min read
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Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
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Islamabad December 31 2024: Pakistan’s Federal Minister for Petroleum Dr Musadik Malik while talking to the media persons stated that the matters with saudi Arabia are moving forward positively and will be finalized soon.

He clarified that news items claiming federal cabinet has accorded approval to the sale of a 15 per cent stake in the Reko Diq are not true.

A price negotiation committee is handling the matters to ensure negotiations proceed in timely fashion to seal the deal soon. However, it has not been finalized yet.

Tags: CommoditiesReko DiqSaudi Arabia
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