ISLAMABAD: Pakistan and Qatar have vowed to further promote cooperation in the energy sector.
Federal Minister for Energy Hammad Azhar and Minister for Energy and Chief Executive of Qatar Energy, Saad Sherida al-Kaabi in a virtual meeting on Tuesday discussed further promoting bilateral ties, particularly in the sector of energy.
Hammad Azhar thanked Qatar for ensuring timely supplies of Liquefied Natural Gas (LNG) to Pakistan despite its shortage globally.
Welcoming the decision of Qatar Energy to invest in setting up the LNG terminal in partnership with a consortium of leading Pakistani companies, the Minister assured all possible support from the public sector.
He underscored that this project will be another milestone in the energy security of Pakistan and hoped that the Financial Investment Decision (FID) will be concluded soon.
It may be recalled that Pakistan signed a ten-year LNG agreement with Qatar in February last year. As per the agreement, Pakistan will get 3 million tonnes of LNG per year from Qatar Energy under the deal from January 2022. However, on Pakistan’s request, Qatar started early supplies from November 2021.
