Sharif to visit Qatar to ink multi-billion dollars gas deal

He will sign a mega $15-billion deal that will enable energy-starved Pakistan to import LNG for 15 years.

February 09, 2016 02:41 pm | Updated November 17, 2021 02:10 am IST - ISLAMABAD:

Pakistan Prime Minister Nawaz Sharif will visit Qatar from Wednesday to further strengthen bilateral relations in various fields and sign a mega $15-billion deal that will enable the energy-starved country to import liquefied natural gas for 15 years.

Mr. Sharif will be accompanied by a high-level delegation on the two-day visit beginning Wednesday and have meetings with Emir of Qatar Sheikh Tamim bin Hamad bin Khalifa Al-Thani, according to a statement by the Foreign Office. The two sides would also hold wide-ranging delegation level talks.

Many MoUs to be finalised

“A number of Memorandums of Understanding [MoUs] in the field of Health, Radio & Television, Education & Research and a Long-term Sale/Purchase Agreement [SPA] of LNG would be concluded by both sides,” the Foreign Office said.

An official of the Ministry of Petroleum and Natural Resource has said that a $15-billion LNG agreement will enable Pakistan to import gas for 15 years.

“The agreement will help address energy shortages in the country and play an important role in economic development,” he said.

Strengthening bilateral ties

The Foreign Office said that the main focus of the Prime Minister’s visit and interaction with the Qatari leadership will be on further enhancement of bilateral relations in various fields, including energy cooperation, trade and investment, defence and increase in employment opportunities for the Pakistani workforce in Qatar.

Over 1,15,000 Pakistanis in Qatar

Both leaders would also exchange views on regional and international issues of mutual interest. Qatar hosts more than 1,15,000 Pakistanis.

“Pakistan gives great importance to its ties with Qatar. The two countries enjoy friendly and fraternal relations marked by close cooperation. Both sides share perception on various regional and international issues,” the Foreign Office said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.