Qatargas pens new deal to supply LNG to Pakistan

Qatargas pens new deal to supply LNG to Pakistan

Qatargas, the world’s largest LNG producer, has signed a 20-year contract with Global Energy Infrastructure (GEIL) of Pakistan for the supply of liquefied natural gas. 

Under the agreement signed on Thursday, Qatargas will deliver 1.3 mtpa of LNG per year to GEIL, with the option to increase the volumes to 2.3 million tons per year, a company’s statement reads.

The first cargo under the newly signed agreement is expected to be delivered to Pakistan in 2018.

The newly signed contract adds to the deal Qatargas signed in February with Pakistan State Oil Company (PSO) for the supply of 3.75 million tons of LNG per year for a period of 15 years. The first cargo under the long-term deal was delivered in March.

Pakistan is importing the liquefied natural gas through Excelerate Energy’s 150,900 cbm FSRU Exquisite, which is chartered by Engro Elengy, located at the Port Qasim in Karachi.

Qatargas has also delivered the first commissioning cargo to PSO onboard the FSRU Exquisite.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< May 2019 >>
MTWTFSS
29 30 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

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >

LNG Pricing, Trading & Hedging London

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >