LNG deal


Engr Mansoor Ahmed

This is with reference to a news story that the Petroleum Ministry is working on proposals for the construction of five more terminals at the Gwadar and Karachi ports for handling, regasification, storage, treatment and processing of 3,000 million cubic feet per day of liquefied natural gas (LNG) it plans to import by 2018. Currently 400 to 450 MMCFD of LNG is being imported from Qatar. This is very healthy sign for the growth of our economy that with the construction of five new terminals, the total import of LNG would be 4,200MMCFD by 2018.
The Ministry of Petroleum and Natural Resources signed a deal with government of Qatar on February 10, 2016 for 15 years. Minister for Petroleum, Shahid Khaqan Abbasi, prior to signing the deal, said that we would get LNG on cheaper rates but now there are speculations, particularly in political circles, that Pakistan has signed a costlier deal than what had been claimed in public. The agreement between two countries must become public. This is a right of every citizen to know about any deal between Pakistan and other States. I urge the Ministry of Petroleum and Natural Resources to upload details of Pakistan-Qatar 15-year LNG deal on its website immediately.