Pakistan-Malaysia sign IGA for LNG supply

ISLAMABAD: Pakistan on Thursday signed an Inter-Governmental Agreement (IGA) with Malaysia for provision of LNG supply at a ceremony held at Prime Minister’s office.

The agreement was signed by Secretary Sikandar Sultan Raja and Deputy minister in Prime Minister’s department of Malaysia Dato Sri Devamany S Krishnasamy on behalf of their respective government, reported a local newspaper.

Speaking on the occasion, Prime Minister Shahid Khaqan Abbasi said uninterrupted gas flow was vital for industrial and domestic consumers and important for economic growth of Pakistan. He added that the government had worked very hard to resolve the energy shortage and LNG terminals had been setup in record time.

Petronas LNG CEO Ezhar Yazid and various senior officials from Malaysia and Pakistan were present to witness the signing of IGA between Pakistan and Malaysia.

PM Abbasi gave his hefty congratulations on the occasion for finalizing of IGA between Malaysia and Pakistan for LNG supplies and hoped this would further bolster ties between the two brotherly countries.

He expressed optimism that Malaysian Energy and Petroleum companies would exploit huge opportunities on offer in Pakistan’s oil and gas sector.

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