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Pakistan signs agreement with Malaysia on supply of LNG

ISLAMABAD: Pakistan on Thursday signed an inter-governmental agreement with Malaysia on the supply of Liquefied Natural Gas (LNG) between the two countries, witnessed by Minister Shahid Khaqan Abbasi.

Secretary Petroleum Division Mr. Sikandar Sultan Raja and Malaysian Deputy Minister in the Prime Minister’s Department Dato Sri Devamany S. Krishnasamy signed the agreement.  Petronas CEO Mr. Ezhar Yazid and senior officials from Malaysia and Government of Pakistan were also present during the ceremony.

The prime minister congratulated both sides for finalisation of inter-governmental agreement for supply of LNG, which he said will further strengthen bilateral relations between Pakistan and Malaysia.

PM Abbasi stated that the present government has worked tirelessly to overcome energy deficit of Pakistan and LNG terminals have been established in record period.

He added that continuous gas supply is vital for domestic and industrial consumers and essential for the economic prosperity of the country. He hoped that Malaysian exploration and production companies will utilise the huge potential that Pakistan offers in the oil and gas sector.

The Malaysian Deputy Minister conveyed a message of well wishes from the Malaysian Prime Minister. He thanked the PM Abbasi for the warm welcome and hospitality given to him and his delegation during their stay in Islamabad.

He reiterated that cooperation between Malaysia and Pakistan would continue in the energy sector.



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