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With reference to the news published in Business Recorder regarding LNG Import price: Qatar lowers demand to $14-$16 per mmbtu dated November 15, it needs to be clarified that the MD SSGC Shoaib Warsi speaking to the journalists said that on the directives of Prime Minister, Price Negotiating Committee (PNC) is already formed and is in the process of negotiating terms and conditions.
The PNC committee will subsequently negotiate the price with various LNG exporters accordingly. Hence the price has not been finalised with Qatargas or any other supplier as mentioned in the above mentioned news article.

Copyright Business Recorder, 2014

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