Pakistan seeks $2 billion financial assistance package from yet another brotherly country

Pakistan seeks $2 billion financial assistance package from yet another brotherly country
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ISLAMABAD - Pakistan seeks $2 billion financial assistance from the brotherly country Qatar .

Pakistan is seeking Liquefied Natural Gas (LNG) worth $2 billion from Qatar on a one-year deferred payment and negotiations in this regard will be held between the two countries in Doha, it was learnt on Friday.

Sources in the Petroleum Division informed this scribe that Pakistan has been considering bringing LNG from Qatar on one-year deferred payment to meet country’s energy needs, adding that the finance minister, currently on a visit to Qatar , would float this proposal before the Qatari authorities.

They said the incumbent government is hopeful of clinching a fresh deal on LNG import with Qatar .

Finance Minister Asad Umar left for Qatar to participate in a three-day Doha Forum, which commenced on Friday. The invitation for the visit was extended by the Qatari finance minister. The minister, during his visit, would also meet the senior Qatari leadership.

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