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Number of Downlaods: 30

Published Date: Aug 6, 2014

Importing Liquefied Natural Gas (LNG) : A Policy Analysis (P-41)

Importing LNG: A Policy Analysis

Engineer Arshad H. Abbasi
Maha Kamal

Abstract

As Pakistan’s domestic natural gas reserves continue to dwindle, and development on unconventional gas reserves remains slow, Pakistan faces the challenge to meet its demand for natural gas. While pipelines such as the Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan (IP) pipelines were on the table, in the short-run the government is considering Liquefied Natural Gas (LNG) may be a faster option. The Government of Pakistan was looking at the option of importing LNG from Qatar. However, the dynamics of the global natural gas market are changing, and old pricing benchmarks may not be able to satisfy growing economies. T paper aims to explore and analyze LNG imports in Pakistan, look at weak regulatory mechanisms in natural gas and present policy recommendations on the way forward.

[1] Ernst & Young.(2013). Global LNG: Will New Demand and New Supply means New Pricing

Arshad H Abbasi
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