A pledge by Pakistan’s ruling party to end electricity outages ahead of a general election in mid-2018 is being undermined.
Alexey Miller and Pakistani Foreign Minister Khawaja Muhammad Asif have met to discuss potential LNG supplies to Pakistan.
Commodity traders Gunvor and B.B. Energy have submitted the most competitive offers in a tender to supply Pakistan with three LNG cargoes in April.
Hoegh LNG has cancelled a deal to provide a floating import terminal for a LNG project being developed by GEI.
A consortium behind a LNG import project in Pakistan, including Exxon Mobil, Total, Qatar Petroleum and Höegh LNG, has been dissolved.
Pakistani conglomerate Engro Corp expects to complete building its second LNG terminal in early 2019, as Pakistan bets heavily on LNG imports to curb energy shortages.