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ISLAMABAD: Pakistan has invoked price-review clauses in two long-term liquefied natural gas (LNG) supply agreements with Qatar, seeking lower prices and fewer annual cargoes as it negotiates additional supplies for the coming winter. A Pakistani delegation led by Petroleum Minister Ali Pervaiz Malik arrived in Qatar on Tuesday for talks with QatarEnergy on revising the agreements, securing immediate supplies for the winter months and finalising the 2027 annual delivery plan, according to officials quoted by The News. The price-review clauses…
By Aneela Subhan ·
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Upgrade this serverRussian Energy Minister Sergey Tsivilev has chaired a high-level meeting to review preparations for the upcoming Russia-Pakistan Intergovernmental Commission (IGC), with more than 10 bilateral cooperation agreements nearing completion. The 11th session of the commission on trade, economic, scientific and technical cooperation is scheduled to take place in Moscow on November 25, 2026. Tsivilev and Pakistan’s Federal Minister for Power Awais Leghari are co-chairing the commission. During the preparatory meeting, Tsivilev stressed the importance of building on existing achievements, identifying…
7 hours ago · minutemirror.com.pk
ISLAMABAD: Pakistan has invoked price-review clauses in two long-term liquefied natural gas (LNG) supply agreements with Qatar, seeking lower prices and fewer annual cargoes as it negotiates additional supplies for the coming winter. A Pakistani delegation led by Petroleum Minister Ali Pervaiz Malik arrived in Qatar on Tuesday for talks with QatarEnergy on revising the agreements, securing immediate supplies for the winter months and finalising the 2027 annual delivery plan, according to officials quoted by The News. The price-review clauses require the two sides to assess the existing…
8 hours ago · minutemirror.com.pk · You are reading this one
ISLAMABAD/KHAIRPUR: The Oil and Gas Development Company Limited (OGDCL) has announced a significant discovery of natural gas and condensate at its exploratory well in Khairpur district of Sindh, marking another development in Pakistan’s efforts to strengthen domestic energy production and reduce reliance on imported fuel. The discovery was made at the Bitrisim Northwest-1 exploratory well, located within the Bitrisim Exploration License area. According to the company’s official disclosure, the well demonstrated a production potential of 12.8 million standard cubic feet of gas per day (MMSCFD)…
8 hours ago · minutemirror.com.pk
Pakistan has rejected expensive bids submitted for the supply of liquefied natural gas (LNG) in December 2026 and January 2027, as the quoted prices exceeded the country’s acceptable purchasing levels. Pakistan LNG Limited (PLL) had invited bids for two spot LNG cargoes to meet the country’s gas requirements during the two months. The company sought deliveries between December 14 and 16 for the first cargo and January 9 and 11 for the second. According to PLL documents, the company received three bids in total for the two cargoes. However, suppliers quoted significantly higher prices…
16 hours ago · minutemirror.com.pk
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