Pertamina closing in on LNG export deals with Pakistan, Bangladesh

Pertamina closing in on LNG export deals with Pakistan, Bangladesh
Image courtesy of Pakistan LNG Terminals

Indonesian state-owned Pertamina is working on finalizing liquefied natural gas (LNG) export deals with Pakistani and Bangladesh importers. 

Indonesia’s deputy energy minister Arcandra Tahar said the deals are being negotiated with Pakistan LNG and Petrobangla, the two companies led-by the respective governments, Reuters reports.

Tahar noted that the two deals would total between two and three million tons of the chilled fuel per year.

The term for the contracts is ten years and valued at some $12 billion, he said.

Both Pakistan and Bangladesh are looking to import LNG to feed the natural gas power stations under construction in both countries.

Share this article

Follow LNG World News

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

LNG Pricing, Trading & Risk Management: 3-Day Course

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools…

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >

CWC 2nd Papua New Guinea Petroleum & Energy Summit

The 2nd CWC Papua New Guinea Petroleum and Energy Summit is held under the patronage of the Prime Minister of Papua New Guinea…

read more >

CWC World LNG & Gas Series: 16th Americas Summit

Now in its 16th edition, the CWC World LNG & Gas Series: Americas Summit is the longest running LNG and gas event in the Americas region…

read more >