QatarGas 'exploring' Pakistan LNG exports

World's biggest LNG producer said to be in talks with Pakistan
QatarGas 'exploring' Pakistan LNG exports
Qatar is the world’s biggest LNG producer, with a capacity to make 77 million tons a year.
By Bloomberg
Thu 01 Mar 2012 02:50 PM

Qatar Liquefied Gas Co., known as QatarGas, said it is exploring supplying liquefied natural gas to Pakistan and has held “several high-level and working-level meetings” on the subject.

The talks came in response to “expressed Pakistani need for long-term” supplies, the company said today in an e-mail.

Qatar has agreed to supply 3.5 million metric tons a year of LNG, Pakistan’s The News reported Feb. 28, citing Asim Hussain, special assistant to the Pakistani prime minister. QatarGas wants a 15-year contract, while Pakistan seeks a 10- year agreement, the newspaper reported.

Qatar is the world’s biggest LNG producer, with a capacity to make 77 million tons a year of the gas chilled to a liquid for transport by ship.

Ras Laffan Liquefied Natural Gas Co., a second producer in the Persian Gulf country, signed a long-term LNG sales agreement with Korea Gas Corp. last month and a separate agreement with Taiwan’s CPC Corp. in December.

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