Qatar Assures Pakistan of Supplying 200mmcfd of LNG Next Year

Qatar has assured Pakistan of supplying 200mn cubic feet of LNG per day (mmcfd) next year, according to Gulf Times newspaper.

Pakistan is keeping three options open for LNG import including a supply agreement with Qatar on a state-to-state basis, floating tenders for import through competitive bidding and spot purchases after the successful bidder completes construction of a terminal in Karachi, Gulf Times adds.

A delegation from Qatar was in Pakistan to discuss the proposed Heads of Agreement a non-binding document outlining the main issues relevant to a partnership agreement.

A senior official told the newspaper that price was the last point that would be taken up after the two sides signed the Heads of Agreement.

They had not finalised the agreement, therefore, the price was not quoted, the official said.

Last week Pakistani media reported that Qatar has sought a $2 billion sovereign government guarantee from Pakistan for supply of LNG.