CAIRO – Industry sources in Doha said that Qatargas, a Gulf energy company, is in the final stages of negotiations on an agreement to supply Pakistan with 3 million tonnes of liquefied natural gas annually for 15 years.
The agreement would be signed in weeks, one source said, the first shipment would be received by March, another source said. An official at Pakistan’s Ministry of Water and Power confirmed an LNG deal was planned but declined to give details. No-one at Qatargas, the world’s largest LNG producer, was available to comment.
Nearly half the country’s power is generated by gas and its output of 4.1 billion cubic feet per day is well short of demand for as much as 6bn, depending on the time of year.
