Qatari gas to Pakistan

Pakistan said on Wednesday it had signed a 15-year agreement to import up to 3.75 million tonnes of liquefied natural gas a year from Qatar, a major step in filling Pakistan’s energy shortfall. The deal, Pakistan’s biggest, will help the country add about 2,000 megawatts of gas-fired power-generating capacity and improve production from fertilizer plants now hobbled by a lack of gas, a government official said. “This is a huge and significant achievement because this diversifies Pakistan’s energy mix,” the official said. “This is the single largest commercial transaction that Pakistan has entered into.” Supplies will start in March, Qatar’s state news agency QNA said. They will eventually come to around five LNG cargoes per month, the official said. Pakistan, a nation of 190 million people, can only supply about two-thirds of its gas needs. The ruling party, which campaigned on promises of resolving the energy crisis, wants to ease shortages by expanding LNG shipments before a 2018 general election.

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