• Natural Gas News

    LNG Imports Talks Between Pak, Qatar in Deadlock

    old

Summary

With Qatar not willing to budge on from its asking price for LNG, talks between the world’s biggest LNG supplier and Pakistan has reached a standstill.

by: Shardul

Posted in:

Asia/Oceania

LNG Imports Talks Between Pak, Qatar in Deadlock

With Qatar not willing to budge on from its asking price for LNG, talks between the world’s biggest LNG supplier and Pakistan has reached a standstill.

Qatar is not ready to supply gas at less than $18 per million British thermal units (mmbtu).

In comparison, gas import from Iran will cost $11 per mmbtu while gas supply through Turkmenistan-Afghanistan-Pakistan-India pipeline will cost $13 per mmbtu.

Pakistan may now consider LNG imports from Malaysia.

Energy starved Pakistan will import 500 million cubic feet of LNG per day (mmcfd) which will be utilised to generate 2,500 megawatts of electricity.