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

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Qatari LNG Carriers Re-Enter Hormuz as Traffic Through Strait Slumps

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

Inpex Faces Threat of Broad LNG Loading Ban as AU Labour Dispute Deepens

Current News

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Oil Jumps 3% on Renewed US-Iran Conflict

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

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