Pakistan and Qatar near revised LNG deal at 11.96pc of Brent
PSO sources say QatarEnergy's final offer prices LNG at 11.96pc of Brent for both contracts, with 66 cargoes a year; PSO wants cabinet approval by Nov 3.
QatarEnergy: 3 The Indus Compass stories. Latest: Pakistan and Qatar near revised LNG deal at 11.96pc of Brent. Key developments, background and analysis.
3 stories on QatarEnergy since 29 September 2026; the latest was published on 29 October 2026.
PSO sources say QatarEnergy's final offer prices LNG at 11.96pc of Brent for both contracts, with 66 cargoes a year; PSO wants cabinet approval by Nov 3.
Pakistan plans to buy 10 LNG cargoes on the spot market this winter at about double the Qatari price, pushing the four-month import bill to $1.29bn.
QatarEnergy told Pakistan and Bangladesh that LNG deliveries will stay suspended through November, with the Strait of Hormuz still closed by the US-Iran war.