{"id":51881,"date":"2019-05-05T09:47:53","date_gmt":"2019-05-05T04:47:53","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=51881"},"modified":"2019-05-03T18:54:00","modified_gmt":"2019-05-03T13:54:00","slug":"govt-negotiates-to-buy-cheaper-lng-from-qatar","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-negotiates-to-buy-cheaper-lng-from-qatar.html","title":{"rendered":"Govt negotiates to buy cheaper LNG from Qatar"},"content":{"rendered":"<p>Islamabad: The government has negotiated to buy another 400 million cubic feet of Liquefied Natural Gas (LNG) from Qatar at cheaper rates, a news source reported. This deal will allow the national treasury to save around USD 2.5 billion over the next 10 years, as compared to a previous agreement.<\/p>\n<p>The federal government will approve the offer after reviewing the offer from other countries.<\/p>\n<p>Under this agreement, the government will buy LNG under the old 10-year agreement at the rate of 11.5% the price of crude oil, while under the new 15-year agreement, natural gas will be bought at the rate of 11.25% the price of the crude oil.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/top-foreign-companies-participate-in-lng-plant-bid.html\" target=\"_blank\" rel=\"noopener noreferrer\">Top foreign companies participate in LNG plant bid<\/a><\/p>\n<p>Previously bought expensive LNG has caused the national economy losses of around PKR 20 billion the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government has negotiated to buy another 400 million cubic feet of Liquefied Natural Gas (LNG) from Qatar at cheaper rates, a news source reported. This deal will allow the national treasury to save around USD 2.5 billion over the next 10 years, as compared to a previous agreement. The federal government will approve the offer after reviewing the offer from other countries. Under this agreement, the government will buy LNG under the old 10-year agreement at the rate of 11.5% the price of crude oil, while under the new 15-year agreement, natural gas will be bought at the rate of 11.25% the price of the crude oil. Read:\u00a0Top foreign companies participate in LNG plant bid Previously bought expensive LNG has caused the national economy losses of around PKR 20 billion the previous year.<\/p>\n","protected":false},"author":18,"featured_media":45051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11543],"persona":[],"class_list":{"0":"post-51881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-govt-negotiates-to-buy-cheaper-lng-from-qatar"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt negotiates to buy cheaper LNG from Qatar - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government has negotiated to buy another 400 million cubic feet of Liquefied Natural Gas (LNG) from Qatar at cheaper rates, a news source\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-negotiates-to-buy-cheaper-lng-from-qatar.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt negotiates to buy cheaper LNG from Qatar - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The government has negotiated to buy another 400 million cubic feet of Liquefied Natural Gas (LNG) from Qatar at cheaper rates, a news source\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-negotiates-to-buy-cheaper-lng-from-qatar.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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