Pakistan thanks Qatar for timely LNG supplies despite shortage globally

Pakistan thanks Qatar for timely LNG supplies despite shortage globally

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ISLAMABAD: Pakistan on Tuesday thanked Qatar for ensuring timely supplies of liquefied natural gas (LNG) to it despite a shortage of the commodity in international markets.

Energy Minister Hammad Azhar expressed his gratitude during a virtual meeting with Qatari Energy Minister/CEO Saad Sherida al-Kaabi, according to the press release.

During the video conference, the two sides also discussed ways and means to further promote existing bilateral relations, especially in the energy sector.

Welcoming the decision of Qatar Energy to invest in setting up the LNG terminal in partnership with a consortium of leading Pakistani companies, Hammad Azhar assured all possible support from the public sector.

He hoped that the Financial Investment Decision (FID) would be concluded soon, and the project would prove to be another milestone in the energy security of Pakistan.

In February last, Pakistan had signed a ten-year LNG agreement with Qatar, under which Pakistan was to get three million tons of LNG per year from Qatar Energy from January 2022. However, at Pakistan’s request, Qatar started early supplies from November 2021.

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