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Russian foreign minister S.Lavrov: Russia has offered Pakistan LNG supplies

Some time ago, there was a mutual interest in the supply of Russian LNG through Gazprom, Rosneft and NOVATEK

Russian foreign minister S.Lavrov: Russia has offered Pakistan LNG supplies

Islamabad, April 7 - Neftegaz.RU. Russian Foreign Minister arrived in Pakistan after his visit to India.
On his 2-day visit, Sergey Lavrov held important talks with the country's top leadership.
Lavrov heads a 13-member delegation that includes Moscow's special representative for Afghanistan Zamir Kabulov.
Pakistan Foreign Minister Shah Mahmood Qureshi said Lavrov’s visit was  the 1st in 9 years, last time Lavrov visited Islamabad in 2012.

Officials said both countries are working closely to increase business partnerships in the energy sector to open a fast-growing gas market for Russian energy companies.
Russia is building in Pakistan a a 1,100-km gas pipeline between the southern port city of Karachi and eastern Lahore and also operate the pipeline for 25 years after it is commissioned.

An agreement of $2 billion for the much-delayed North-South gas pipeline, which has recently been renamed as Pakistan Stream, was signed in October 2015.
This is the largest Russian investment in Pakistan since the Pakistan Steel Mills project in the middle of the Old Cold War.

Russian Foreign Minister said:
  • We are making necessary efforts to start the construction of the North-South gas pipeline - the flagship project in the energy sector
  • We hope that all remaining technical issues will be agreed upon in the very near future
  • Russian companies are ready to participate in the modernization of the energy sector and the railroad system of Pakistan
Russia has offered Pakistan supplies of LNG and is waiting for a response.
This was stated by Sergey Lavrov after talks with the Foreign Minister of Pakistan.
Possible LNG supplies from Russia to Pakistan have been discussed for several years, negotiations were held in 2016.
Gazprom CEO A. Miller and Pakistan's Foreign Minister discussed this issue in February 2018, but no progress was made in this area.

Pakistani Foreign Minister Shah Mahmood Qureshi said Pakistan has shifted its priorities from geo politics to geo-economics.
Bilateral trade between Russia and Pakistan last year hit an all-time high of $790 million, an increase of 46 %.

To read the news in Russian

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Source : Neftegaz.RU


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