Eni awarded 15-year LNG supply contract in Pakistan

SAN DONATO -- Eni was awarded the International tender for a long-term supply of LNG to Pakistan. Eni will supply to the state company Pakistan LNG a cargo per month during the next 15 yr, for a total of 180 cargoes, corresponding to 11 MMt of LNG.

Eni Reuters Small
Photo Courtesy of Reuters.

The LNG quantities that Eni will supply every year correspond to 25% of Pakistan LNG imports in 2016.

A significant part of the LNG volumes will be sourced from Indonesia, where the Eni's operated Jangkrik field—also supplying the Chinese market—will come on stream in the next couple of months.

The LNG will be delivered to a new Floating Storage and Regas Unit moored in Port Qasim.

The LNG is confirmed to be integral part of Eni's strategy. Eni recently signed an agreement with BP for the sale, for more than 20 yr, of the LNG volumes produced by the floating Liquefaction facility of Coral South in Mozambique.

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