LNG project deal being done in transparent manner; Shahid told NA

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ISLAMABAD, Jan 14, (APP): Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi Thursday informed the National Assembly that Liquefied Natural Gas (LNG) deal with Qatar was being done in a transparent manner and the International community had declared it Asia’s cheapest deal which would help strengthen county’s economy.
Replying to a calling attention notice of Shireen Mazari, Asad Omar and others he rejected the allegations levelled by Pakistan Tehreek-e-Insaf (PTI) members regarding corruption in LNG project.
He said the PTI was only getting political point scoring on this project of national importance, adding that to meet gas supply, the only way was to import LNG. He said the government was also working on Pak-Iran gas pipeline and Turkmenistan Afghanistan Pakistan and India (TAPI) gas pipeline.
He rejected the PTI stance that power producers were not taking interest in LNG deal, adding that the project would save billions of dollars annually and would help overcome energy crisis.
Replying to a quarry regarding Sui Northern Gas Pipelines Limited (SNGPL)’s Managing Director (MD) removal, the Minister said the MD was removed from his post due to his poor performance.
Shahid Khaqan said if opposition has better suggestions regarding the project they would be considered, adding that positive criticism would be appreciated.The secret documents regarding the said project were submitted in the Senate on the PTI’s desire and added that government was answerable to reply to the opposition queries regarding the project on any forum.
He informed the house that the Oil and Gas Regulatory Authority (OGRA) had no objection over the said deal, adding that the ECC has also approved its price and it would be made public once the contract was signed.
The minister assured the House that price of LNG would not be higher and added that 60 cargo would be imported during the coming five years.He said the LNG deal would just meet 20 percent of country’s gas requirements and added that it was just the beginning and efforts were going on to meet energy needs.
During the minister’s speech, the PTI members raised on their seats and
started slogans to disrupt the proceedings.
Speaker NA Sardar Ayaz Sadiq, on PTI’s demand referred the LNG issue
to standing committee concerned.