Islamabad: Pakistan and Qatar have agreed to further promote their bilateral cooperation especially in energy sector.
The understanding was reached at a virtual meeting between Minister for Energy Hammad Azhar and Minister for Energy and Chief Executive of Qatar Energy Saad Sherida al-Kaabi on Tuesday.
Hammad Azhar thanked Qatar for ensuring timely supplies of liquefied natural gas (LNG) to Pakistan despite its shortage globally.
Welcoming the decision of Qatar Energy to invest in setting up the LNG terminal in partnership with a consortium of leading Pakistani companies, the Minister assured all possible support from the public sector.
He hoped that Financial Investment Decision (FID) will be concluded soon and will be another milestone in the energy security of Pakistan.
Pakistan signed a ten-year LNG agreement with Qatar in February last year under which it will get 3 million tons of LNG per year from Qatar Energy from January this year.
However, on Pakistan’s request, Qatar started early supplies from November last year.