New Pakistani Government Seeks to Renegotiate LNG Terminal Deals

Posted by Michelle Howard
Thursday, October 18, 2018

Pakistan's new government will seek to renegotiate agreements for two liquefied natural gas (LNG) import terminals, the country's petroleum minister said on Thursday.

Petroleum Minister Ghulam Sarwar Khan said the previous government agreed to pay too much on the terminal deals with Pakistani conglomorate Engro Corp for the terminals in Karachi, only one of which has been built.

"The decision is that this will be renegotiated with the parties," Khan said.

Writing by Kay Johnson

Categories: Government LNG

Related Stories

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

CNOOC Launches New Offshore Oil Development in Southern China

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

CNOOC Puts New South China Sea Development Into Production Mode

Aramco Expands US Partnerships with $30B in New Deals

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Current News

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Following Big Loss in 2025, Oil Steadies

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com