Prime Minister Syed Yousaf Raza Gilani and his Qatari counterpart Sheikh Hamad bin Jassim bin Jabor Al Thani witnessed the signing ceremony of two Agreements and four Memoranda of Understanding (MoUs) as the representatives of Pakistan and Qatar’s respective Petroleum ministries inked the documents, at the Amiri Diwan here.
Minister for Petroleum and Natural Resources Dr Asim Hussain and Qatar’s minister for energy Dr Muhammad bin Saleh Al Saada signed the MoU on import of LNG.
Pakistan is interested in importing 500 million cubic feet per day of LNG from Qatar that produces 77 million tonnes per annum of LNG. The imported LNG will be initially provided to the power houses in the country to generate 2,500 mega watt of electricity.
The Qatar’s minister for energy will be visiting Pakistan later this month to hold talks with the respective ministers to evolve the mechanism of undertaking investment in various sectors which according to the Qatari Prime Minister could go upto five billion dollars.
The MoU on security cooperation between the Interior ministries of Pakistan and Qatar was signed by Foreign Minister Hina Rabbani Khar and Qatar’s minister of state for Interior. Both also inked an agreement on cooperation in legal field between the two governments.
The agreement in the field of Auqaf and Islamic Affairs was signed by Minister for Professional and Technical Training Riaz Pirzada.
The two countries signed an MoU between Pakistan’s Ministry of Water and Power and Qatar’s Ministry of Energy for cooperation in hydropower development.
Chairman Water and Power Development Authority (WAPDA) Shakil Durrani and Qatar’s energy minister Muhammad Al Saleh Al Saada signed the document.
A bilateral agreement was signed on Mutual Administrative Assistance for the Proper Application of Customs Law and Repression, Investigation and Enforcement of Customs Offenses between the governments of Pakistan and Qatar.
Pakistan’s ambassador to Qatar Muhammad Sarfraz Ahmed Khanzada signed the document. Both also signed an MoU to cooperate in the field of organizing exhibitions between the two countries.
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@You Said It: actaully it has one at bin qasim which is non functional due to court stay order. secondly another can be built at gawadar WITHIN months if gov wants too
@Hasnain: because we have a deal with IMF, not to use resources in Baluchistan!
And after development of heavy infrastructure for this LNG, after 4 yrs we'll realise it was also a fluke and heavy kickbacks were taken, and we'll shelf it.
500 million cfd is one fourth of our daily short fall, that means it's gonna help a lot. For electricity production it will surely be cheaper than the furnace oil which we currently are using. 2500 megawatts will be produced and you know that's half of our electricity short fall. So well done People's Party, good job.
and who will pay for the gas? china or america or saudis?
Its fortunate we have these ground-holes to run too every time we face a crisis. This deal can insure only that public doesn't come to road protesting like this time but this is still not enough to get us out of the quagmire.US must b working really hard to solve our problems just so that we can give cold shoulder to IPI.
Don't worry Uncle Sam has vouched for Pakistan, hence no credit check by Qataris !!!
No terms of agreement (price & payment mode) reported. Is it not worth reporting or it is a trade secret? "Pakistan is interested in importing 500 million cubic feet per day of LNG'' so the quantity involved in the deal is also ambiguous. Also how much is it going to contribute to overall energy availability needs to be presented to comprehend the impact. Reading such reporting is waste of time, as few lines reporting could have conveyed the long message.
Rightly saying, we want trade not aid.
Really surprised why our Govt always relay on outsources..? why they dont invest in Balochistan as we unlimited resources for gas in our country.In dont know who are the policy makers and to whom instruction our Govt follows.
Quite pathetic that we have to import gas from the middle east despite Baluchistan.
Ah well what ever it takes to bring the energy crisis down.
good news , long live PPP and Zardari
Pakistan doesn't have any LNG terminals. But it's good that at least we can afford to fly to Qatar and are ever willing to sign deals.
Is this US mediated alternate to Iran’s gas? I wonder.