business

September 7, 2016

Pakistan to offer two LNG tenders by October, working on government deal

ISLAMABAD: Pakistan plans to issue two international tenders for 750,000 tonnes per year of liquefied natural gas each in the coming month, the head of the country's state-owned LNG company said, as the South Asian nation seeks to alleviate chronic energy shortfalls. Pakistan's economy has long been hamstrung by crippling energy shortages, with Prime Minister Nawaz Sharif under pressure to end blackouts before the 2018 general election. Adnan Gilani, head of Pakistan LNG, a new state-owned...