ISLAMABAD: In a bid to ensure availability of gas in the country, the government is holding talks with Qatar for import of liquefied natural gas (LNG).
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 up to the mid-country areas in two phases. The estimated cost of the first phase is about Rs 31.36 billion, which has been arranged through bank loan. About Rs 102.43 billion will be spent in the second phase.
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
