Qatar Petroleum Joins Consortium To Develop Pakistan LNG Project

Reuters

DUBAI, Feb 7 (Reuters) - State-owned energy company Qatar Petroleum (QP) has joined an international consortium of major U.S., European and Japanese energy companies to develop a liquefied natural gas (LNG) import project in Pakistan.

The consortium, which includes U.S. ExxonMobil, France's Total, Japan's Mitsubishi, and Norway's Hoegh , will develop a project that includes a floating storage and regasification Unit, a jetty and a pipeline to shore to provide natural gas supply to Pakistan, QP said in a statement on Tuesday.

"Forming this consortium... represents a significant milestone that complements Pakistan's successful effort to meet the growing demand for clean-burning natural gas in this important market," QP Chief Executive Saad Sherida al-Kaabi said in the statement.

(Reporting by Rania El Gamal; editing by Susan Thomas)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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