Qatargas in $15bn Pakistan LNG deal

LNG tankerPakistan LNG: The Qatar Liquefied Gas Company (Qatargas) yesterday clinched a contract to supply Pakistan with 3.75m tonnes of liquified natural gas (LNG) each year between now and 2031. Under the terms of the 15-year, $15bn agreement, Qatargas will deliver the first batch next month. The LNG would provide Pakistan with 20% of its energy needs and go some way to resolving its energy crisis, Petroleum and Natural Resources Shahid Khaqan Abbasi said after the signing ceremony.

Source: xinhuanet