farok84
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no , you havent posted nor shared a single shred of evidence from PAKISTANI govt sources which claim that iranian NG was expensive vs qatari LNG
an you please any evidence that qatari LNG is cheaper vs iranian NG ?
Hi,
I already have. You are simply not ready to accept it. Please read and also try to understand the articles mentioned in below quoted post.
Hi,
The price of Iranian Gas through Iran-Pakistan Pipeline after proposed amendments in earlier signed GSPA was around equivalent to 12% (1) of Brent. Iran did not sign this amendment and only gave verbal commitments. So, the earlier signed GSPA linked to JCC (Japan Crude Cocktail) still stands with price equivalent to 14.25% (2) -13.4% (3) of Brent. Even if they had signed the amended GSPA (at 12% Brent), the price was outrageous and made no sense (even in 2017) and was even higher than Pakistan Lng contracts with Eni and Gunvor (priced at 11.6247-12.14% & 11.6247%) (5), that were signed in 2016. Their signed offered price stands at equivalent to +13.4% Brent, even higher than Qatar (13.37% Brent) 2016 Lng contract. Our new Qatar contract is priced at 10.2% Brent (4).
(1) https://www.thenews.com.pk/amp/180093-Pakistan-in-talks-with-Iran-to-renegotiate-IP-project-GSPA
"Shahid Khaqan Abbasi, minister for petroleum and natural resources, told the upper house that the government has requested Iranian authorities to bring changes in the gas sale and purchase agreement (GSPA). The price of natural gas, under GSPA, was agreed at $12 per million metric British thermal unit (MMBtu), if crude oil price stood at $100/bbl in the international market."
(2) https://www.dawn.com/news/1238783
"Compared with the natural gas import options, the government claimed the delivery price at border under the Iran-Pakistan gas pipeline was $5.70 per MMBTU at $40 Brent price and that of Turkmenistan-Afghanistan-Pakistan-India was $5.90."
(3) https://www.oxfordenergy.org/wpcms/wp-content/uploads/2013/06/NG-77.pdf
Page 37 of 87 (or 30)
View attachment 794597
(4) http://www.ogra.org.pk/download/6761
View attachment 794605
(5) http://www.ogra.org.pk/download/6568
View attachment 794603
If you are interested, please read following for Eni, Gunvor and IP GSPAs.
says who ? any source ? any link ?
Says the GSPA it had signed and is not ready to renegotiate. If Iran agrees to sell at Henry Hub prices, I will be the first one to lobby for that.
Now, please prove me wrong by simply providing the contractual price of Iranian gas through Iran Pakistan Pipeline at landfall and the price to be charged to end consumer? Anyone who I have met supporting IP pipeline, have failed to do this simple task, which only requires few searches on google.
wtf
intl spot rates are prices decided by the market makers ( based on demand supply) . are you telling me that paksitan is buying crude and LNG at intl spot rates but wont get NG at the same ?
im sorry, but this is just plain b.s coming from you ,
and again, as usual , you share no evidence to back up your conjectures
Again, NG is not marketed in International Markets like LNG or other commodities. The whole idea behind Lng stems from finding a secure and affordable way for NG transportation. I have already shared evidence, which you are not ready to accept.
Do you mind me asking, whether you work in Oil or Gas industry, specially upstream, production or transportation?
more irrelavant and offtopic discourse . what is even the source of these posts you are writing ? you are on a public forum,not reddit , for gods sake
Does a news article from a reputable publication or a research paper by independent international and local experts on the subject count as sources?
If they do, then I have provided them all in earlier posts. Please go through them again.
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