Gazprom Talks LNG Supplies with Pakistan

Gazprom and Pakistan on Wednesday discussed possibility of Russian LNG supplies to the gas starved South Asian nation.

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Shahid Khaqan Abbasi, Minister of Petroleum and Natural Resources of Pakistan.

The parties considered promising areas of cooperation, particularly addressing the possibility of Russian LNG supplies to Pakistan and Gazprom’s participation in hydrocarbon exploration and production projects in the Republic.

According to Gazprom, Pakistan’s recoverable natural gas reserves amount to 570 billion cubic meters.

In 2014 Pakistan produced 42 billion cubic meters of natural gas. The total volume of gas produced in the country is consumed domestically.

The first LNG terminal in Pakistan with an annual capacity of 3 million tons was put into operation in March 2015.