LNG

US become the world’s biggest exporter of LNG: Bloomberg 

US become the world’s biggest exporter of LNG: Bloomberg 

The United States has become the world’s biggest exporter of liquefied natural gas (LNG) for the first time, with 2023 shipments overtaking leading suppliers Australia and Qatar.

Govt.’s to assures uninterrupted gas to the fertilizer plants

Govt.’s to assures uninterrupted gas to the fertilizer plants

Caretaker Minister for Petroleum Muhammad Ali said the government was committed to ensuring uninterrupted gas supply to all fertilizer plants throughout the current winter season to maximize fertilizer production.

Qatar, Pakistan enjoy strong bilateral relations based on solid foundations: Envoy

Qatar, Pakistan enjoy strong bilateral relations based on solid foundations: Envoy

Ambassador of Qatar to Pakistan Sheikh Saoud Albulrahman Al-Thani has said that the State of Qatar and Pakistan shared unique historical ties, enjoying strong cooperative ties based on solid foundations, and relations between nations have seen remarkable development in recent years in all fields. Addressing the audience on Qatar National Day in Islamabad, the envoy…

Pakistan to get crude oil, petrol, diesel from Russia on discounted price: Musadiq

Pakistan to get crude oil, petrol, diesel from Russia on discounted price: Musadiq

Minister of State for Petroleum Dr Musadik Malik termed his recent visit to Russia ‘very successful’ as the host country, in principle, had decided to provide crude oil, refined petrol and diesel to Pakistan at a discounted rate. “In addition, negotiations with private sector companies of Russia have been initiated for procurement of Liquefied Natural Gas…

CPEC energy projects offer low-cost electricity for Pakistan

CPEC energy projects offer low-cost electricity for Pakistan

China Pakistan Economic Corridor (CPEC) energy projects have improved the power industry in Pakistan and contributed to economic growth by increasing power supply with high efficiency at lower cost, Tauseef H. Farooqi, Chairman National Electric Power Regulatory Authority (NEPRA) said. In an interview with China Economic Net (CEN), the Chairman said, the total installed capacity…

China signs 27-year gas deal with QatarEnergy to secure supply

China signs 27-year gas deal with QatarEnergy to secure supply

Since Russia’s invasion of Ukraine, competition for LNG has become intense with nations trying to replace Russian supply QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas (LNG) in the longest such agreement to date, as volatility drives buyers to seek long-term supplies. Since Russia’s invasion of Ukraine in February, competition…