ISLAMABAD: Prime Minister Imran Khan is set to seek liquefied natural gas(LNG) credit facility as well as revision in the agreed gas price fromQatar in an effort to support the Pakistan’s balance of payments duringupcoming visit to the Gulf Arab nation.
Saudi Arabia and the United Arab Emirates (UAE) have already committed $6billion worth of loans as well as $6.4 billion in oil credit to supportPakistan’s balance of payments position.
Pakistan’s annual LNG import bill stands at around $4 billion and the primeminister is looking to win the credit facility for one year.
In an informal chat with journalists on Monday, Petroleum Minister GhulamSarwar Khan said Pakistan had entered into a long-term LNG supply agreementwith Qatar, which the current government would continue.
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However, he said the government wanted Qatar to revise the LNG pricedownwards and the prime minister would make a request in that regard.
The minister informed the journalists that the Saudi Arabian energyminister had offered LNG export to Pakistan to meet its requirements,adding that many other countries had also come up with similar proposals.
