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  1. farok84

    Pakistan and its expensive LNG procurement

    Brother, Please don't call me sir, it makes me feel old :-) and frankly these titles are more suitable for people like niaz sb, who are way more experienced than myself in the industry. For the question, I think it will be hard for Gulf countries to give direct discounted price for spot...
  2. farok84

    Pakistan and its expensive LNG procurement

    Hi, We have actually signed a long term contract with Qatar in Feb, 2021. It is, to date, the lowest contracted price (10.2% of 3 month averaged Brent) for any Lng procurement around the world and is a very fine and balanced contract. As per the contract, we should be importing 2 cargoes per...
  3. farok84

    TAPI Natural Gas Pipeline Project to be Launched in 2021

    Hi, TAPI is not an Lng pipeline, it is a natural gas pipeline. The idea for the Türkmengaz operated Lng export terminal (via Pakistan) stems from the will to bypass that third country (India) and her tantrums, by providing Turkmenistan opportunity (and means) to sell India's to be volumes to...
  4. farok84

    TAPI Natural Gas Pipeline Project to be Launched in 2021

    Hi, There is a plan to lay a railway track between Uzbekistan-Afghanistan-Pakistan. Asad Umar spoke about it in his recent talk at Wilson Center. I don't see Pakistan much interested in electricity supply projects (TAP 500 or CASA 1000). They will be more of a burden for us, specially with...
  5. farok84

    TAPI Natural Gas Pipeline Project to be Launched in 2021

    TAPI project's implementation will start soon in Afghanistan, say Taliban Read more At: https://www.aninews.in/news/world/asia/tapi-projects-implementation-will-start-soon-in-afghanistan-say-taliban20211031203329/ Taliban pledge mega gas pipeline project's security in Afghanistan Assurance...
  6. farok84

    Pakistan's Economy - News and Updates

    Gas crisis round the corner Top sources say that a high-level meeting is to be held today in the Petroleum Division to look into the new situation By Khalid Mustafa November 01, 2021 File photo ISLAMABAD: In a shocking development, two LNG trading companies, GUNVOR and ENI, have willfully...
  7. farok84

    Oil, Gas and Refinery Projects update

    Although a welcome investment by Qatar Energy, but what exactly is the role of GOP in securing this investment? All praises to Energas for bringing in Qatar, and at the speed with which they are able to do so, specially when Exxon backed out of the project early this year. IMO, for GOP, it is...
  8. farok84

    Featured Pakistan and Russia signed the Agreement on North-South Pipeline Project

    Pakistan, Russia to sign SHA for gas pipeline in Nov Reaffirm commitment to Pakistan Stream Gas Pipeline project Our Correspondent October 29, 2021 The Russian side arranged a meeting with the financial advisers led by banks. photo: file ISLAMABAD: Pakistan and Russia have reaffirmed their...
  9. farok84

    Oil, Gas and Refinery Projects update

    Qatar Invests in Pakistan’s Next LNG Import Terminal By Faseeh Mangi October 28, 2021, 5:21 PM GMT+5 Qatar, the world’s top supplier of liquefied natural gas, will invest in Pakistan’s next import terminal in a bid to support one of the fastest growing buyers of the super-chilled fuel. Qasim...
  10. farok84

    Featured Pakistan and Russia signed the Agreement on North-South Pipeline Project

    Pak-Russia $3 bn PSGP project: Talks on shareholding contract may end up inconclusively By Khalid Mustafa October 28, 2021 ISLAMABAD: The Pak-Russia talks on shareholding agreement (SHA) on the flagship $3 billion Pakistan Stream Gas Pipeline (PSGP) are most likely to end inconclusively...
  11. farok84

    Featured Pakistan and Russia signed the Agreement on North-South Pipeline Project

    Second day of talks on PSGP: Russian bank to provide financing for mega project to Pakistan By Khalid Mustafa October 27, 2021 ISLAMABAD: Pakistan and Russia took a pause for two days in the ongoing talks on the Pakistan Stream Gas Pipeline Project (PSGP) with both sides asking their...
  12. farok84

    TAPI Natural Gas Pipeline Project to be Launched in 2021

    https://www.reuters.com/business/energy/turkmenistan-officials-due-afghanistan-taliban-back-tapi-gas-pipeline-2021-10-27/ Turkmenistan officials due in Afghanistan as Taliban back TAPI gas pipeline Reuters October 27, 20211:58 PM PKT Last Updated 2 hours ago Workers stand near a gas pipe...
  13. farok84

    Featured Pakistan and Russia signed the Agreement on North-South Pipeline Project

    https://www.thenews.com.pk/print/902930-four-day-talks-on-psgp-pakistan-will-seek-loan-from-russia-to-finance-project Four-day talks on PSGP: Pakistan will seek loan from Russia to finance project By Khalid Mustafa October 25, 2021 ISLAMABAD: Pakistan and the Russian Federation are scheduled...
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