DUBAI: State-owned energy company Qatar Petroleum (QP) has joined an international consortium of major US, European and Japanese energy companies to develop a liguefied natural gas (LNG) import project in Pakistan.
The consortium, which includes US ExxonMobil, France`s Total, Japan`s Mitsubishi and Norway`s Hoegh, will develop a project that includes a floating storage and regasification unit, a jetty and a pipeline to shore to provide natural gas supply to Pakistan, QP said in a statement on Tuesday.
`Forming this consortium... represents a significant milestone that complements Pakistan`s successful effort to meet the growing demand for clean-burning natural gas in this important market,` QP Chief Executive Saad Sherida alKaabi said in the statement.-Reuters