ISLAMABAD: Parliamentary Secretary for Petroleum and Natural Resources Shahzadi Umarzadi Tiwana has said that Pakistan has finalised a deal with Qatar for the import of LNG.
Tiwana revealed this during the National Assembly’s Question-Hour. He said that Pakistan has finalised an LNG sale and purchase agreement with Qatar and it has been submitted to the Economic Coordination Committee (ECC). He said that Pakistan State Oil (PSO) is importing LNG under spot arrangements through competitive tendering to keep the terminal operational. So far, 17 cargoes have been imported.
The parliamentary secretary said that there was a vast gap between the demand and supply of natural gas which is bridged through load-management in power, industry, CNG and fertilizer sectors in order to cater for high priority domestic and commercial sectors.
To another question, she said gas reserves worth one trillion cubic feet have been discovered during the tenure of the present government. She said 227,000 barrels of oil per day has also been added during this period.
