Showing posts with label Pakistani politicians and bureaucrats reluctant in approving LNG project. Show all posts
Showing posts with label Pakistani politicians and bureaucrats reluctant in approving LNG project. Show all posts

Wednesday 6 November 2013

Pakistan: Shortage of gas causing US$2 billion losses to economy



Just the other day Shahid Khaqan Abbasi, Pakistan’s Minister for Petroleum & Natural Resources claimed that the country was bearing an annual loss of US$2 billion. His statement, “We are focusing on LNG import, Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline projects to overcome the energy crisis” looks completely out of place because of funding issues. However, he surprised many by declaring that Iranian gas was cheaper than LNG. Please read and share my latest blog Pakistan: Shortage of gas causing US$2 billion losses to economy visit shkazmipk.com

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Shabbir Kazmi

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