• Natural Gas News

    Dawn: Qatargas to Assess Pakistan Preparedness Before Signing Long-Term LNG Deal

    old

Summary

Amid hiccups in the finalisation of financial arrangements for Liquefied Natural Gas (LNG) imports, a management delegation of Qatargas (QG) is expected to visit Islamabad next week for assessment of on-ground situation before committing a long-term deal.

by:

Posted in:

Asia/Oceania

Dawn: Qatargas to Assess Pakistan Preparedness Before Signing Long-Term LNG Deal

Amid hiccups in the finalisation of financial arrangements for Liquefied Natural Gas (LNG) imports, a management delegation of Qatargas (QG) is expected to visit Islamabad next week for assessment of on-ground situation before committing a long-term deal.

The finalisation of LNG supply chain has become all the more important given the fast approaching winter when domestic gas supplies would be facing extreme shortages because of surge in consumption levels in the residential sector.

Senior government officials told Dawn on Monday that a senior management team of the QG has volunteered a visit to Islamabad starting Aug 26. They have some other clients in waiting and want to have a fair assessment of Islamabad’s preparedness for a long-term deal, he said. MORE