UP

Azerbaijan keen to build LNG terminal in Pakistan

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
Azerbaijan keen to build LNG terminal in Pakistan

Pakistan plans to issue two international tenders for 750,000 tons per year of liquefied natural gas (LNG) each in the coming month, according to the foreign media, Adnan Gilani, head of Pakistan LNG company said.

According to him firms from Australia, Malaysia, Russia, Qatar, the United States and Azerbaijan are interested in the two tenders.

"We had over half a dozen participants bidding in our last international tender and expect more than twice that number this time around," Gilani told Reuters on Monday.

Gilani said the specifics of the tenders are being finalised, but they will probably be a 5-year and a 15-year offer, as well as a possible spot purchase.

A. Gilani did not make any statement regarding financial aspects of the project.

Notably, Pakistan's economy has long been hamstrung by crippling energy shortages, with Prime Minister Nawaz Sharif under pressure to end blackouts before the 2018 general election.

Date
2016.09.06 / 17:59
Author
Axar.az
See also

OPEC+ to boost output by 137,000 barrels

Turkish refineries cut reliance on Russian oil

OPEC+ to decide December oil output plan today

Oil prices rise in global markets

Oil prices edge down slightly in global markets

Oil prices rise again

Oil prices keep falling in global markets

Russian Central Bank raises dollar exchange rate

Oil prices decline on global markets

Global stocks rally on US-China trade optimism

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla