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Free AccessPakistan in Talks for Russian LNG
Pakistan is in discussion with Russia for LNG cargoes according to the country’s ambassador to Russia Shafqat Ali Khan.
- "We have established contact with the Russian side, we are, of course, very much interested in procurement of LNG," he said, adding “Our immediate need is for LNG,".
- The ambassador said that Pakistan had announced a tender for the supply of LNG but had not received a single bid.
- "We had this long-term contract with a company. They signed a contract with us at a fixed price. The price rose, and they decided to sell it to some other European country and they paid the fine [to us]. They even made a profit after paying the fine. So, you can imagine how much we suffered. A large part of our energy strategy rested on steady procurement of LNG," the ambassador said.
- "If the rich countries take away all the LNG, what is going to happen to us? The global energy market needs to be stabilized. You know sanctions are impacting us very badly," he said.
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