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FINANCIAL NEWS
Qatar, Pakistan to settle LNG price
14 Jan 2016
(MENAFN) Pakistan stills discussing a multibillion-dollar liquefied natural gas (LNG) import deal with Qatar and predicts to reach a price for the deal by end of this month.
Furthermore, the 15-year contract will be for 1.5mn tons a year of LNG, while the price has not been agreed yet and the final agreement will be this month or in Feb.
In addition, gas utilized to produce almost half of Pakistan’s electricity, which generates almost 4.1bn cubic feet per day but needs around 6bn cubic feet per day.
Pakistan’s shortage figure is higher amounted to 2.5bn cubic feet per day and other 2bn cubic feet per day for constrained need adding more than 4bn.
More News
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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