Gazprom and Pakistan consider possibility of Russian LNG supplies

The Gazprom Chairman Alexey Miller and Shahid Khaqan Abbasi, Minister of Petroleum and Natural Resources of the Islamic Republic of Pakistan met at the Gazprom headquarters to discuss future deals.

The parties considered promising areas of cooperation, particularly addressing the possibility of Russian LNG supplies to Pakistan and Gazprom’s participation in hydrocarbon exploration and production projects in the Republic.

Being the sixth-largest in Asia-Pacific, Pakistan’s recoverable natural gas reserves amount to 570 billion cubic meters.

In 2014 Pakistan produced 42 billion cubic meters of natural gas. The total volume of gas produced in the country is consumed domestically.

The main natural gas producers in Pakistan are the state-run companies Oil and Gas Development Corporation (OGDCL) and Pakistan Petroleum Ltd. (PPL).