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

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

Indonesia Cuts Singapore Pipeline Gas Flows by 9% to Meet Domestic Demand

Qatar-Linked LNG Tankers Resume Hormuz Transits

SLB Secures Aramco Well Construction Work for 450 Wells

Inpex Takes Additional Stake in Ichthys LNG

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

QatarEnergy's LNG Expansion Faces Delays from Hormuz Crisis

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Current News

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

CNOOC Set to Restore Production at Major South China Sea Gas Field

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Strohm Nets Ultra-Deepwater Supply Deal for Southeast Asia’s Gas Scheme

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

Energy Drilling Lands $87M Drilling Job Offshore Malaysia

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