Pakistan PM inaugurates renovated Gaddafi Stadium, hopes for Champions Trophy victory

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called for “more flexible and grants-based” financial assistance to help developing countries like Pakistan build climate resilience in a message to a gathering focusing on the issue.
Sharif’s video message was played at the Breathe Pakistan International Climate Change Conference, a two-day event hosted by Dawn Media Group in Islamabad. The event brought together nearly 100 global experts to address critical climate issues, aiming to foster collaboration and develop actionable solutions for a sustainable future.
In recent years, Pakistan has experienced erratic environmental patterns attributed to climate change, including extreme weather events such as droughts, heatwaves and floods. These events have led to loss of life, infrastructure damage and food security concerns.
“Pakistan’s climate story embodies a cruel paradox of our times,” Sharif told the gathering. “Our emissions are less than 1 percent, yet we are one of the most climate-affected countries with an unprecedented cycle of climate-induced floods, rapid glacial meltdown, blistering heat waves and soil-cracking droughts.”
“Developing countries like Pakistan need more predictable, flexible and grant-based financial support to build resilient infrastructure and invest in sustainable development,” he continued while reflecting on the nature of international support.
Sharif recalled that two years ago, one-third of Pakistan was submerged in floodwaters, displacing 33 million people and claiming 1,700 lives, transforming climate change from a distant threat to an urgent call to action.
He noted that without global empathy and support, “the path to climate adaptation and green transformation will remain elusive.”
“Therefore, let us make Breathe Pakistan a resounding call to action to ensure a cleaner, greener and more resilient Pakistan for generations to come,” he added.

KARACHI: Pakistan’s liquefied natural gas (LNG) pact with Qatar allows for either party to initiate renegotiation talks next year but no decision has been taken on whether to do this, Pakistan's petroleum minister told Reuters on Friday.
Musadik Malik was clarifying comments made to a parliamentary committee on energy, as reported in local newspaper The News, which had quoted him as saying: “The Qatar agreement is costly, and we will negotiate better terms next year.”
Malik told Reuters he had been laying out details of the various contracts Pakistan has for LNG. “One provision was price renegotiation could take place at the 10th year of the Qatar LNG deal,” he said, adding that Pakistan has a whole year to “figure out its options.”
Pakistan’s biggest LNG agreement was signed in 2016 between Pakistan State Oil and Qatar's Qatargas-2, the world’s largest producer, for up to 3.75 million tons of LNG a year for 15 years, although a cancellation option can shorten the deal to 11 years if the parties fail to agree a new price.
An economic crisis has slashed power use in Pakistan, which gets more than a third of its electricity from natural gas, saddling it with excess capacity it still needs to pay for under decade-old contracts with independent power producers.
Citing a surplus of LNG, Malik said in December that Pakistan had deferred five contracted cargoes under the Qatar deal for a year and would now receive them in 2026 instead of 2025, with no financial penalty.
He added that Pakistan was also negotiating to defer five more cargoes from other unnamed sellers.