UP

Azerbaijan keen to build LNG terminal in Pakistan

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

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

Oil prices drop on global markets

Oil prices rise in global markets

Bitcoin hits all-time high, surpasses $120,000

Oil prices rise on global markets

Bitcoin price breaks all-time high again

Oil prices fall on global markets

Bitcoin hits record high of $113K

Oil prices keep rising globally

Oil prices keep rising in global markets

Oil prices rise again

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