Pakistan is offering a 51% share of PIA’s Roosevelt Hotel in New York toQatar while it also plans to hand over management of PIA to either UAE orQatar.
Islamabad is also seeking investment from Qatar for the construction offour LNG terminals and has amended rules to remove obstacles in this regard.
Just days before Shehbaz Sharif left for Qatar, the Economic CoordinationCouncil (ECC) amended the LNG Policy 2001 to grant exemption from mandatoryThird Party-Access (TPA) to new LNG terminals to ensure sizeable foreigndirect investment from Qatar in the Energas Terminal, reported a localEnglish daily.
The daily also claimed that Pakistan wants to sell two regasified LNG-based(RLNG) power stations in Haveli Bahadur Shah and Balloki to Qatar or UAE,but that the deal was unlikely to materialize in view of possible protestsfrom the opposition.
The reports about Roosevelt Hotel first emerged last week but when SAMAA TVcontacted officials in Islamabad no one was ready to confirm anything onrecord.
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Similarly, claims about the plans to sell Pakistan International Airlines(PIA) shares in order to give over administration of the national flagcarrier to Qatar or the UAE also on a government-to-government basis werealso not confirmed by the officials.
Officials, however, did confirm the $2 billion assistance and plannednegotiation on the LNG supply deal.
