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    Pakistan Talking to American LNG Supplier for Imports

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Summary

Pakistan is reportedly negotiating with an American Liquefied Natural Gas (LNG) supplier for purchase of bulk gas.

by: Shardul

Posted in:

Asia/Oceania

Pakistan Talking to American LNG Supplier for Imports

Pakistan is reportedly negotiating with an American Liquefied Natural Gas (LNG) supplier for purchase of bulk gas.

"We are looking for up to 3 billion Cubic Feet Per Day (BCFD) gas so that uninterrupted gas could be supplied to all segments of economy", a government official told Business Recorder. About high prices of imported gas, he said that the consumers have to choose to have uninterrupted gas supply or face gas shortage. "The government is making all efforts to resolve gas crisis and we are not in a position to continue subsidies on natural gas", he added. 

The official said a serious gas shortage during the winter season and government was working on augmenting supplies. "The negotiation with India on import of Liquefied Natural Gas has also reached an advanced stage, hopefully during this winter we will start importing 200 Million Cubic Feet per Day (MMCFD) in the shape of LNG from India.” 

According to Petroleum Ministry officials at present Pakistan is facing a gas shortage of 1.5 to 2 Billion Cubic Feet (BCF) which during upcoming winter would reach 3 BCF, the report said.