Pakistan to Import LNG from Yemen
Pakistan is likely to enter an agreement to buy LNG from Yemen.
According to Pakistani daily The Nation, the deal is expected to be signed during a proposed visit of Yemeni Minister for Oil and Minerals to Pakistan this month.
The decision to import LNG from Yemen was made during the 7th Session of the Pakistan-Yemen Joint Ministerial Commission held in Islamabad from January 7-8, 2014, said The Nation.
Pakistan is facing severe energy shortage and is looking to augment supplies of natural gas from all sources. In November, Pakistan agreed to import 400 million cubic feet gas per day (mmcfd) LNG from Qatar by October 2014.
Discussions are also on with India for supply of LNG through a 110-km pipeline. India wants sovereign payment guarantees from Pakistan before it signs a gas export contract.
GAIL India is slated to supply gas at 5 million standard cubic metres per day to Pakistan through the proposed pipeline.
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