Pakistan’s landmark LNG deal with Qatar could save Islamabad a total of about $3 billion over the next 10 years

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Pakistan’s landmark, new deal with Qatar for liquefied natural gas at lower rates will save Islamabad a total of about $3 billion over the next 10 years, an adviser to the country’s prime minister said Monday.

The agreement, signed last Friday, will save the state $317 million annually due to the reduced price of the gas compared to the 2015 agreement between the two countries, according to Nadeem Babar, Prime Minister Imran Khan’s adviser on petroleum. This “will result in the lowering of the overall cost of liquefied natural gas” imported from Oatar, Babar said.

By Arab Post