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

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Technip Energies Nets Engineering Services Job for ADNOC Offshore

China's CNOOC Posts Record First-Half Profit

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Inpex Starts Construction of Indonesia's Abadi LNG Project

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

ABS Backs Hanwha Ocean’s Standardized FPSO Design

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Energean’s Profit Rises as Israeli Gas Operations Recover

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Petronas Turns to AI to Accelerate Upstream Investment

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

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