16:37 GMT +309 December 2019
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    Gazprom Says Considering LNG Deliveries to Pakistan

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    Gazprom CEO Alexei Miller and Pakistan's Petroleum Minister Shahid Khaqan Abbasi have discussed possible liquefied natural gas (LNG) deliveries to Pakistan, the Russian energy giant's press service said Wednesday.

    MOSCOW (Sputnik) — Gazprom CEO Alexei Miller and Pakistan's Petroleum Minister Shahid Khaqan Abbasi have also discussed joint projects in hydrocarbon exploration, the Russian energy giant's press service said Wednesday.

    "In particular, the sides discussed the possibility of Russian LNG deliveries to Pakistan and Gazprom's participation in hydrocarbon exploration and production on the territory of [Pakistan]," the press service said in a statement.

    Pakistan has 570 billion cubic meters of explored natural gas reserves, the sixth largest in the Asia-Pacific region. It extracted 42 billion in 2014, although all of it was used for home consumption.

    The South Asian country seeks to boost energy imports to reduce the number of daily power outages that last for hours on end. Its current gas output only covers about two-thirds of its energy requirements.

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