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Pakistan to import LNG from Qatar costing Rs 31.36 billion in first phase

byCustoms Today Report
08/02/2015
in Business
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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.

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