Pakistan, ITFC sign agreement worth $386m for import of oil, LNG.

ISLAMABAD -- Pakistan and International Islamic Trade Finance Corporation (ITFC) on Monday has signed agreement amounting $386 million for the import of oil and LNG.

The signing of financing agreement amounting to $386 million with the International Islamic Trade Finance Corporation (ITFC), a subsidiary of Islamic Development Bank (IsDB) Group, for import of oil and LNG was held in Economic Affairs Division. This facility will be utilised by Pakistan State Oil Company Limited (PSOL), Pak Arab Refinery Limited (PARCO) and Pakistan LNG Limited (PLL)...

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