LNG (LNG import likely to start by March end)

Islamabad: Pakistan is holding talks with Qatar gas for import of LNG in order to improve gas availability in the country.

According to officials, the LNG import is likely to start by the end of next month.

They said a committee has also been constituted for negotiation of LNG price with the Qatargas.

The officials said that the gas network of Sui Southern Gas Company and Sui Northern Gas Pipelines Limited is being augmented to transport the imported LNG to the tune of 1.2 BCFD to mid country in two phases.

The estimated total cost of the first phase is about 31.36 billion rupees, which has been arranged through loan from banks. About 102.43 billion rupees will be incurred on the second phase.

The post LNG (LNG import likely to start by March end) appeared first on Pakistan Press International.

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