![33 cargoes carrying 103,864,259 mmbtu LNG arrived in 12 months](https://photo-cdn.urdupoint.com/media/2016/08/_2/740x404/pic_1470303356.jpg)
33 Cargoes Carrying 103,864,259 Mmbtu LNG Arrived In 12 Months
Mohammad Ali (@ChaudhryMAli88) Published August 04, 2016 | 02:35 PM
![33 cargoes carrying 103,864,259 mmbtu LNG arrived in 12 months](https://photo-cdn.urdupoint.com/media/2016/08/_2/740x404/pic_1470303356.jpg)
ISLAMABAD,(UrduPoint / Pakistan Point News - 4th Augst,2016) : As many as 33 cargoes carrying around 103,864,259 mmbtu Liquefied Natural Gas (LNG) have arrived in Pakistan since July 2015, official sources in the Ministry of Petroleum and Natural Resources said Thursday. "The LNG is being imported by the Pakistan State Oil under competitive bidding and through short and long term contracts, while more LNG terminals will be set to enhance Pakistan's LNG import capability," they told APP. Nowadays, they said, LNG was the essential part of the energy mix needs of emerging economies, adding that the world was turning towards LNG and emerging economies such as China, Korea, Japan, India, Thailand, Indonesia, European Union, and Brazil to ensure LNG remains part of its energy mix, they told APP. They said Japan was importing 80 million tonnes of LNG every year (MTPA) and India 15 MTPA due to the commodity's cheap price and efficiency as compared to other fuels.
In 2015, they sources said, Pakistan signed a 15 year agreement with Qatar to import up to 3.75 million tonnes of LNG a year, which was being highly appreciated by the business community. The country's total gas production is around 4bcfd (billion cubic feet per day) against the demand of 8 bcfd, showing a demand- supply gap of four bcfd. Justifying the LNG import deal, they said in Pakistan natural gas accounts for 35 percent of all power generation, 23.8 percent of industrial use, 15.6 percent fertilizer, 5.4 percent CNG, and 18.1 percent of the household use.
The current gas shortfall is about four bcfd or 33, they said and added that Pakistan's indigenous gas supply was expected to deplete to 1,500 MMSCFD in 2030 (from 4,000 MMSCFD today) and the demand supply gap is expected to reach 7,000 MMSCFD in the next 15 years as the existing gas reserves are depleting fast.
Related Topics
Recent Stories
![Cricket: England v West Indies 3rd Test scoreboard](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019914.jpg)
Cricket: England v West Indies 3rd Test scoreboard
![Finance minister briefs Chinese officials on refor ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019922.jpg)
Finance minister briefs Chinese officials on reform agenda, engagement with IMF
![Finland says Russian vessel violated its territori ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019912.jpg)
Finland says Russian vessel violated its territorial waters
![Olympic opening ceremony under way on River Seine](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019266.jpg)
Olympic opening ceremony under way on River Seine
![West Indies' treble strike rocks England in third ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019264.jpg)
West Indies' treble strike rocks England in third Test
![Ukraine court orders detention of suspect in murde ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019262.jpg)
Ukraine court orders detention of suspect in murder of nationalist ex-MP
![Long queues, ticketing problems ahead of Paris ope ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019015.jpg)
Long queues, ticketing problems ahead of Paris opening ceremony
![Rana Sanaullah Khan joins Paris 2024 Olympics inau ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019638.jpg)
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
![Glowing tributes mark 69th birthday of President Z ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019637.jpg)
Glowing tributes mark 69th birthday of President Zardari at Governor's House
![Players unaware of spying scandal as Canada Olympi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019635.jpg)
Players unaware of spying scandal as Canada Olympic coach sent home: official
![Naqvi hails Pak women cricketers for going down fi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019013.jpg)
Naqvi hails Pak women cricketers for going down fighting against SL
!['Sabotage' on French rail network before Olympics: ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019634.jpg)
'Sabotage' on French rail network before Olympics: What we know
More Stories From Pakistan
-
NDMA Advisory: More Monsoon Rains-wind, Thundershowers from July 28-31
6 hours ago -
Armed Forces, tri services chiefs pay homage to Captain Sarwar Shaheed
6 hours ago -
Agriculture dept inks agreement with Bakhabar Kissan
7 hours ago -
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
7 hours ago -
Glowing tributes mark 69th birthday of President Zardari at Governor's House
7 hours ago -
Balochistan CM announce depoliticizing of police, Levies force
7 hours ago
-
PTI creating unrest, halting economic progress in country: MNA
7 hours ago -
ISSI holds webinar on “Elections in Iran : Regional and International Insights”
7 hours ago -
ECP defers written test for seats of election officers
7 hours ago -
PN assists in firefighting, evacuation efforts for stranded civilians of Kashif Centre fire incident
7 hours ago -
Women's rights protection is govt's top priority. Hina Parvez Butt
7 hours ago -
"We stand in solidarity with Azma Bokhari”: Secretary Women’s Parliamentary Caucus
7 hours ago