ISLAMABAD -- Pakistan wants to renegotiate its liquefied natural gas deals with Qatar as existing contracts have led to a supply surplus, resulting in financial losses of more than $400 million a year, according to Pakistan's gas industry insiders.
Surplus imports estimated to have caused annual loss of $400m to domestic gas industry
A worker moves a gas cylinder at a workshop, in Lahore, Pakistan, February 14, 2023. © Reuters
ISLAMABAD -- Pakistan wants to renegotiate its liquefied natural gas deals with Qatar as existing contracts have led to a supply surplus, resulting in financial losses of more than $400 million a year, according to Pakistan's gas industry insiders.