Pakistan to sign 15-year deal to import gas from Qatar: Mobin Saulat, Inter State Gas

Discussion in 'Pakistan' started by Blackwater, Jul 30, 2015.

  1. Blackwater

    Blackwater Veteran Member Veteran Member

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    ISLAMABAD: Pakistan will sign a deal next month to import gas shipments from Qatar for the next 15 years, a top Pakistani energy official said Wednesday, an agreement that should help tackle Pakistan's chronic gas shortages.

    The flexible contract will allow Pakistan to import between 200 and 400 million standard cubic feet per day (mmcfd), said Mobin Saulat, head of state-run Inter State Gas systems, which oversees the pipelines.

    He would not comment on the price, but said it was "very competitive".:rofl::rofl::rofl::biggrin2::biggrin2:

    "It's finalised and there's just a couple of formalities. We should be able to sign it in August," he said.

    Pakistan currently faces a gas shortage of around 2,000 mmcfd per day.

    Pakistan has imported seven spot cargos of liquefied natural gas (LNG) from Qatar since the completion of an LNG terminal in the southern port city of Karachi in April, said Saulat.

    "It's fully operational," he sai ..

    Read more at:

    http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
     
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  3. Blackwater

    Blackwater Veteran Member Veteran Member

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    so pakis again managed to fool arabs in the name of islam against kufur hindu and yehudee:laugh::laugh:

    they got free gas for 15 yrs

    @Neo

    @Zarvan
     
  4. Zarvan

    Zarvan Regular Member

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    Pakistan is paying for them we are not fooling any one those ignorant about Islam and the concept of brotherhood talk like you do so not new for us. As for this bringing gas from Qatar is concerned not a good idea we need to allow companies to exploration work in Pakistan.
     
    Neo and sob like this.
  5. Blackwater

    Blackwater Veteran Member Veteran Member

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    History says you did not pay Qatar for the gas tanker they send few months back and also u did not pay for Turkish ship docked in Karachi to produce electricity
     
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  6. sorcerer

    sorcerer Senior Member Senior Member

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  7. sob

    sob Moderator Moderator

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    Can you give some source for this claim of yours.
     
  8. Blackwater

    Blackwater Veteran Member Veteran Member

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    Turkish firm suing Pakistan over power-generating ships

    ISTANBUL - Turkish power firm Karadeniz Holding said it was suing Pakistan at a US arbitration court for at least $600 million compensation after two of its electricity-generating ships were seized in March.
    Karadeniz Holding chief commercial officer Nuray Atacik told Reuters the ships were being kept by Pakistan without a reason.
    Officials at National Accountability Bureau (NAB) did not return calls seeking comment.
    “Adding it all up together, our total loss so far has reached $600 million. As long as the Pakistani side keeps the ships this amount is increasing,” Atacik said.
    Karadeniz Holding sent two ships with 330 megawatts generating capacity to Pakistan in 2009 and both sides signed a 564 million five-year contract, Atacik said.
    After prices rose, Pakistan did not supply fuel to the ships nor did it make rental payments to Karadeniz Holding, she said.
    The company ended the contract but Pakistan kept the ships which operate 300 metres offshore.

    Karadeniz Holding’s ships were going to supply the annual electricity need of 5 million people, according to its web site.

    http://nation.com.pk/business/22-Dec-2012/turkish-firm-suing-pakistan-over-power-generating-ships


    The Turkish energy firm has submitted a claim of $345 million against Pakistan with the World Bank-affiliated International Centre for Settlement of Investment Disputes (ICSID) for losses incurred by its vessels, in terms of damage or depreciation.

     
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