A senior Pakistani official said a few weeks ago that Qatar had emerged as the front runner for a long term liquefied natural gas (LNG) supply deal with the country. Qatar already has a 15-year LNG supply agreement in place with Pakistan to export up to 3.75 million tons per annum (mtpa) to the South Asian country of some 200 million people. That 2016 deal supplied Pakistan’s first LNG terminal. However, after the deal was reached, growing criticism mounted from Pakistani politicians that claim the country received unfavorable contractual terms from Qatar. A Pakistani governmental audit in 2018 reached a similar conclusion, claiming that the price – 13.37 percent of the average price of Brent oil futures for the preceding three months negotiated with Qatar was at a higher rate than trading companies were offering in the open market. On January 21, Pakistani Prime Minister Imran Khan traveled to […]