Qatargas, GEIL confirm LNG supply deal

Qatargas, GEIL confirm LNG supply deal

Qatargas on Saturday held an official signing ceremony for the previously announced LNG supply deal with Pakistan-based Global Energy Infrastructure Limited (GEIL). 

Under the terms of the agreement, Qatargas will supply 1.3 million tonnes per annum of LNG to Pakistan for 20 years, with provisions allowing the volume to increase to 2.3 million tonnes per annum, the statement reads.

The first cargo is expected to be delivered to Pakistan in 2018 by Qatargas-chartered Q-Flex vessels.

At the end of August, Pakistan GasPort Limited (PGPL) signed a 15-year deal with Singapore-based BW to provide LNG regasification services utilising a newbuild floating storage and regasification unit for the second Pakistan LNG terminal.

The FSRU currently under construction at the Samsung Heavy Industries shipyard in South Korea will have a storage capacity in excess of 170,000-cbm and a peak regasification capacity of 750 mmscfd and is scheduled for delivery in the fourth quarter of 2016.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 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 29
30 31 1 2 3 4 5

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >