Pakistan Seeks Lower Prices for Its Long-Term Qatar LNG Deal

Pakistan will renegotiate its long-term LNG supply deal with Qatar as it looks to lower its costs for the growing energy demand going forward, Pakistani Petroleum Minister Musadik Malik said on Friday. “The Qatar agreement is costly, and we will negotiate better terms next year,” Pakistani newspaper The News quoted Malik as telling a parliamentary committee on energy. The country’s current LNG supply deal with Qatar is more expensive than other international deals, the minister was quoted as saying. Pakistan, which uses natural…