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12 Dicembre 2024

Pakistan

PAKISTAN: RUSSIA EYE ENERGY PROJECTS

Pakistan and Russia have signed a protocol as part of a comprehensive package to implement mega energy projects and trade oil and gas.      The protocol was inked following the ninth meeting of the Pakistan-Russia Inter-Governmental Commission on Trade, Economic, Scientific and Technical Cooperation.     It covers the energy package, which comprises invitation to Russia to invest in the Pakistan Stream Gas Pipeline project, joint exploration activities with Pakistani oil and gas companies, oil and liquefied natural gas supply and offshore drilling.    They noted the successful oil supply to Pakistan through the Inter-Governmental Commission, implemented by the Russia-nominated company, Operational Services Centre. Both sides expressed satisfaction with the plan of allowing the company to continue to play its role in supplying oil and petroleum products. Deliberations under this arrangement will remain underway.       They recognised Gazprom Neft's interest in cooperating with Pakistani oil and gas companies – Oil and Gas Development Company, Pakistan Petroleum Limited (PPL) and Mari Petroleum – in oilfield services, potentially through an integrated service model.      The two sides noted the interest of autonomous non-commercial organisation, the Institute of Oil and Gas Technological Initiatives , in holding dialogue with Pakistani oil and gas companies  and relevant ministries to promote INTI standards and facilitate access to Russian oil and gas equipment in Pakistan.   Both parties were informed of Gazprom's interest in exploring LNG supply opportunities from the Portovaya LNG plant in Russia. The Russian side noted Novatek's interest in developing cooperation with Pakistani partners in the gas sector and discussed the possibility of LNG supply as well as participation in the integrated gas projects.They will work on ensuring long-term LNG supply from the gas processing complex within the Ust-Luga ethane-rich gas processing cluster to Pakistan.     Both sides supported negotiations between RusChemAlliance (the project operator) and Pakistan LNG Limited  for a long-term agreement, contingent upon the study's outcome.     Further engagements pertaining to offshore exploration and onshore mature fields were agreed between Zarubezhneft and OGDC, PPL and Mari Petroleum.      Both countries agreed to continue cooperation in mining and geological projects as well as mineral exploration, and signed an MoU for collaboration between Rosgeo and PPL in the oil, gas and mineral sectors.They noted the interest of Russian company Artel in supplying industrial communication systems for Pakistan's oil and gas market. Russia also wanted to export coal and coal chemical products to Pakistan and handed over a list of issues for detailed consideration. Pakistan will respond with the requested information, including a list of potential customers and consumers of coal and coal chemical products by the second quarter of 2025.       They sought to implement joint projects in hydroelectric power and water management. RusHydro Group, Power Machines and Pakistan Water and Power Development Authority (Wapda) identified five hydropower projects in Pakistan, for which questionnaires would be shared and Wapda would respond within three weeks.       Additionally, both sides supported the participation of Power Machines in the construction of 4,500-megawatt Diamer Bhasha hydropower project. The Russian side also backed Power Machines' participation in the Dasu-2 hydropower project (2,160MW) and the Azad Pattan hydropower project (700MW). (ICE ISLAMABAD)


Fonte notizia: express tribune