Qatar joins consortium to advance gas link to Pakistan

Image
-
0Comments

Qatar
Petroleum (QP) recently announced plans to work with Total, Mitsubishi, ExxonMobil and Hoegh to move ahead with a liquefied natural gas (LNG) import project in
Pakistan in collaboration with Global Energy Infrastructure Limited (GEIL).

 

The project
involves a floating storage and regasification unit (FSRU), a jetty and a
pipeline to shore that will supply Pakistan
with natural gas. According to QP, the FSRU will deliver 5.6  billion gallons by 2018 to help meet the nation’s demand for
natural gas and a strong gas and distribution market.

 

“This consortium will bring together partners with a proven track record of
industry-leading performance and a history of delivering projects on time and
on budget, while focusing on environmental stewardship,” Saad Sherida Al Kaabi, president and CEO of Qatar Petroleum, said. “Forming this consortium with Total, Mitsubishi, ExxonMobil and Hoegh represents a
significant milestone that complements Pakistan’s successful effort to meet the
growing demand for clean-burning natural gas in this important market. Qatar Petroleum
is proud to partner with these distinguished companies to help meet Pakistan’s energy needs.”



Related

Hana Al Rostamani Chief Executive Officer First Abu Dhabi Bank (FAB)

FAB hosts inaugural Young Talent AI Circle to advance practical AI adoption

First Abu Dhabi Bank held its first Young Talent AI Circle on June 9 in Abu Dhabi. The event brought together emerging talent with leaders to identify practical ways of using artificial intelligence within the organisation.

Hana Al Rostamani Chief Executive Officer First Abu Dhabi Bank (FAB)

First Abu Dhabi Bank partners with Water.org and WaterEquity to support water security

First Abu Dhabi Bank has partnered with Water.org and WaterEquity by investing in an impact fund supporting global water security efforts. The bank becomes the first commercial institution in MENA region making such an investment as part of its sustainability agenda.

HE Khalid Al Rumaihi Chairman Aluminium Bahrain (Alba)

Alba to acquire Aluminium Dunkerque for USD 2.2 billion in major industrial deal

Aluminium Bahrain (Alba) has agreed to acquire France’s largest aluminium smelter for USD 2.2 billion following an MoU signed with Bpifrance during the Choose France Summit. The deal includes significant investment by Bpifrance as minority shareholder.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gulf News Journal.