ISLAMABAD: Two LNG shipments from ENI that were scheduled to come here in February and March have been diverted to the foreign market by Pakistan LNG Limited (PLL), a government-owned enterprise.
According to senior officials in the Energy Ministry, the company would sell the two LNG cargoes on the international market on a profit-sharing basis, according to The News.
PLL and ENI have a 15-year contract in which ENI provides one LNG cargo per month at a price of 12.14 percent of Brent. The PLL management did not dispute the development and chose to keep quiet when questioned, stating that it was unable to verify it.
