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Agreement signed with Qatar to import LNG at cheapest price in Asia: Khaqan

Latest Update: September 16, 2015 | 183 Views

ISLAMABAD: Minister for Petroleum Shahid Khaqan Abbasi says the government has signed a short-term agreement with Qatar to purchase liquefied natural gas at the cheapest price in Asia.

In an interview, he said under the agreement, Qatar would charge 7.7 dollars per cft gas, and some twenty-four cargo ships would be imported per annum.

He said the cargo ships terminal charges per day would be 150,000 dollars and the 11th gas cargo ship would soon reach the terminal.

The Minister said the government had not yet signed the long-term agreement with the Qatar government. Whenever any such accord is inked, purchase of LNG at the lowest rates would be ensured.


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