On Wednesday, February 10, officials announced a 15-year deal between Pakistan and Qatar on natural gas imports (Middle East Confidential). The deal helps to fill Pakistan’s unmet energy needs (Economic Times). The country can only supply two thirds of the energy needs of the 190 million individuals who live there (Reuters). The deal adds about 2,000 megawatts of gas-fired power generating capacity, according to a Pakistani government official (Reuters).
The specifications of the deal include the import of up to 3.75 million tons of natural gas a year from Qatar, to Pakistan (Reuters). The deal is Pakistan’s largest of its kind (Economic Times). The import of gas will begin in March, according to Qatari state news agency QNA (Middle East Confidential). The agreement was penned between Pakistan State Oil and Qatargas-2, and was witnessed by Pakistan’s Prime Minister Nawaz Sharif (Reuters).
Tags: small countries, Hoffman, international trade, Pakistan, Qatar, natural gas