Pakistan to get 450 cargoes in 10 years at 10.13pc of Brent
Pakistan will import 450 cargos in 10 years from Qatar under G-to-G (govt to govt ) new LNG deal with effective rate of 10.13 percent from January 1, 2022 though the deal is done at 10.20 percent of the Brent.
The port charges per LNG cargo at Qasim Port stands at $620,000-750,000, but Qatargas would pay the port charges of $320,000 on its one cargo while the remaining is paid by PSO. However, now under new LNG deal the Qatargas will now pay $400,000 and the remaining will be paid by the PSO and this is how the state owned entity will have a relief of $80,000 per cargo, which will help reduce the tariff of LNG with effective rate of 10.13 percent of the Brent. And just under the head of port charges relief from Qatar, Pakistan will be able to enjoy relief of $38 million in 10 years.