Book on LNG scam to be launched tomorrow

It will highlight how the Mashal project went dead.

ISLAMABAD: Former petroleum secretary GA Sabri, the principal dealing officer for the Mashal LNG import project, is going to launch a book titled “The Proclaimed LNG Scam – a Treatise in Perspective”, which narrates how the LNG project almost went dead due to controversies during the rule of PPP government.

The book discloses big names who were allegedly involved in failing the Mashal LNG import project, which, if implemented, would have changed lives of Pakistani people by bringing much-needed gas to the country.

The former petroleum secretary also highlights those characters which were involved in dumping the Vitol/Fauji Foundation LNG import move, which was not tabled before the Economic Coordination Committee (ECC) and rather another company was included in the summary for short-term LNG import, sparking controversies that led to shelving of the most important LNG project.

Under this project, Pakistan could have been in a position to import LNG at $11 per mmbtu against the price of over $17 per mmbtu quoted by different suppliers.



According to a statement issued by the author of the book, on June 19, Islamabad will witness the launch of a book – “The Proclaimed LNG Scam – a Treatise in Perspective”.

It has been written by GA Sabri, retired secretary of the Ministry of Petroleum and chairman of the Price Negotiation Committee that negotiated the LNG deal which was approved by the ECC on February 9, 2010.

Published in The Express Tribune, June 18^th, 2013.

Like Business on Facebook to stay informed and join in the conversation.