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12 Nov
10:48

Crescent foresees LNG tenders after loss deepens

Pakistan is showing signs of economic recovery after the first fiscal quarter through September, with improving current account deficit, foreign exchange reserves and exports, according to Crescent Steel & Allied Products. The firm is anticipating the outcome of several gas pipeline tenders and says the outlook for LNG pipelines is positive, with pressure building on LNG terminals at port. Crescent’s consolidated revenue plummeted -74% on-year in …
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