, Dec. 30 -- The Advisers Council Committee on Economic Affairs on Tuesday recommended approving a proposal in principle submitted by SOCAR Trading SA, Switzerland for the short-term supply of Liquefied Natural Gas (LNG).

The recommendation came from the 41st meeting of the Advisers Council Committee on Economic Affairs in this year held virtually with Finance Adviser Dr Salehuddin Ahmed in the chair.

The proposal was considered for processing under the Government-to-Government (G2G) procurement method in line with Section 68 of the Public Procurement Act, 2006 and Rules 99(2) and 107(2) of the Public Procurement Rules, 2025.

The proposal was placed by the Energy and Mineral Resources Division. After detailed discussion, the committee ...