Expensive LNG: Pakistan to pay additional USD 2.5 billion to Qatar

[zaheer2003]

ISLAMABAD (Daily Dunya) - Ministry of Petroleum will pay an additional amount of Rs250 billion to Qatar on import of Liquefied natural gas (LNG).
Price for each cargo was agreed at 13.37 per cent of Brent whereas Italys ENI had offered price of each cargo at 11.62 per cent of Brent thus resulting in huge difference of 2.16 per cent, revealed persons related to business of LNG.

National exchequer would bear said burden as price of LNG offered by Qatar is relatively higher when compared with price being offered by other international companies.

Analysts believe that end of Irans isolation would slash price of LNG by half as international community is lifting sanctions from Khameneis state. Furthermore, Japan and South Korea are again operating nuclear power plants and this phenomenon is bringing LNGs price down in international market.

Another representative of international company told Dunya News that ministry of petroleum should had issued tenders of three to five years instead of fifteen years.
Last year, Pakistan and Qatar had inked agreement in Doha according to which later would provide thirty-five million tonnes of LNG gas to earlier during period of fifteen years.

Source:-
http://dunyanews.tv/en/Business/373607-Expensive-LNG-Pakistan-to-pay-additional-USD-25-

قطری عنایتیں کیوں ؟؟
وجہ یہ ہے


​

 

[khalilqureshi]

Re: قطری عنایتیں کیوں ؟؟

O brother this is only the one reason. There are many such reasons. Some are known and some are still behind the curtain. You should understand this the most corrupt government in the history of Pakistan.

 

[Okara]

Re: قطری عنایتیں کیوں ؟؟

You need to pay extra for Halal LNG from Qatar.

 

[zaheer2003]

Re: قطری عنایتیں کیوں ؟؟

 

[SachGoee]

Did the Bid include Cargo charges ?

 

[Shahid Abassi]

Now that it is proved that Qataries are involved in corruption so there should not be any doubt that the higher price is due to the commission being paid to NS.

 

[Haristotle]

Now we know why we are buying expensive LNG from Qatar, all its family business. Soon we will know why Punjab is having great business with Turkey and China. The effort is not to develop Pakistan but a few families that rule Pakistan.

 

[Suhana]

Lakh di laaaaanat noora and company..

 

[chandaa]

Who cares?

 

[Aadi Ali]

Ye to kuch bhi nahi hy, hamari jahil awam ye bhooljati hy k Metro bus kam ticket per chalany k liye ye Mato Gang jo Govt k budget se pesy adaa kerta hy, wo bhi ye awam ko he Tax ki madd men adaa kerna parta hy.
ab Allah jaany k ye Metro Bus k naam per bhi Tax k peso men se kitny chori kerty hen aur kitny actually awam per Ticket ki soorat men lagty hen