Tag Archives: Azeri firm’s LNG offer ignored because of being expensive: govt

ISLAMABAD: The petroleum division on Monday said it did not avail the offer of Azerbaijan’s state-run company for import of liquefied natural gas (LNG) on credit because its price was ‘substantially expensive’ besides other challenges. “Socar’s proposal was substantially higher than recent LNG agreement with Qatar Petroleum and spot LNG cargoes purchased through tenders,” the petroleum division said in a …

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