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Qatargas, Pakistan close to LNG deal

CAIRO: State-run Gulf Ene­­rgy Company Qatargas is in the final stages of talks on a deal to supply Pakistan with 3 million tonnes of liq­uefied natural gas annually for 15 years, industry sources in Do­­ha told Reuters on Wednes­day.

The deal would help Pakistan tackle serious energy shortages and power cuts which can last up to 20 hours a day. Nearly half the country’s electricity is generated by gas and its output of 4.1 billion cubic feet per day is well short of demand for as much as 6bn, depending on the time of year……… Read More