Pakistan finalises 15-year, $16bn LNG deal with Qatar

Written by  Published by:Pakistan Views Tuesday, 10 November 2015 12:03

DOHA: Pakistan has finalised a 15-year, $16 billion liquefied natural gas (LNG) deal with supplier Qatar and shipments are expected to begin next month, Pakistan Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said on Monday.

The amount is 1.5 million tonnes per year, the minister told news agency Reuters on the sidelines of an Asian ministerial energy roundtable in the Qatari capital Doha.

The two sides have agreed a price, he said without elaborating.

"We have finalised the deal. The first shipment is expected in December," he said. "We are hopeful for similar deals in the future.

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