Lucky Group, Qatar Energy consortium quits Port Qasim LNG terminal plan over 'policy changes'

Outlet: Dawn · none@none.com (Khaleeq Kiani) · Published 26/10/2026 13:25 UTC

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ISLAMABAD: Energas, a consortium of the Lucky Group and Qatar Energy, has given up a multi-million-dollar plan to establish a liquefied natural gas (LNG) terminal at Port Qasim, citing fundamental changes to Pakistan’s energy policy, requirements and longstanding unresolved policy and fiscal matters, it emerged on Monday. On the other hand, the Port Qasim Authority (PQA) has warned Energas of terminating its final letter of intent (LOI) unless an “unconditional acceptance” is received on or before Nov 30, 2026, along with an updated status of the project. This would also result in forfeiture o

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Excerpt · detected on 26/10/2026 15:08 UTC

ISLAMABAD: Energas, a consortium of the Lucky Group and Qatar Energy, has given up a multi-million-dollar plan to establish a liquefied natural gas (LNG) terminal at Port Qasim, citing fundamental changes to Pakistan’s energy policy, requirements and longstanding unresolved policy and fiscal matters, it emerged on ~~Friday.~~ Monday. On the other hand, the Port Qasim Authority (PQA) has warned Energas of terminating its final letter of intent (LOI) unless an “unconditional acceptance” is received on or before Nov 30, 2026, along with an updated status of the project. This would also result in forfeiture o

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Before: «ISLAMABAD: Energas, a consortium of the Lucky Group and Qatar Energy, has given up a multi-million-dollar plan to establish a liquefied natural gas (LNG) terminal at Port Qasim, citing fundamental changes to Pakistan’s energy policy, requirements and longstanding unresolved policy and fiscal matters, it emerged on Friday. On the other hand, the Port Qasim Authority (PQA) has warned Energas of terminating its final letter of intent (LOI) unless an “unconditional acceptance” is received on or before Nov 30, 2026, along with an updated status of the project. This would also result in forfeiture o» e7ff48a6de4f

After: «ISLAMABAD: Energas, a consortium of the Lucky Group and Qatar Energy, has given up a multi-million-dollar plan to establish a liquefied natural gas (LNG) terminal at Port Qasim, citing fundamental changes to Pakistan’s energy policy, requirements and longstanding unresolved policy and fiscal matters, it emerged on Monday. On the other hand, the Port Qasim Authority (PQA) has warned Energas of terminating its final letter of intent (LOI) unless an “unconditional acceptance” is received on or before Nov 30, 2026, along with an updated status of the project. This would also result in forfeiture o» 4098e58733b3

Capture record

Source: https://www.dawn.com/news/2039968/lucky-group-qatar-energy-consortium-quits-port-qasim-lng-terminal-plan-over-policy-changes
Published: 26/10/2026 13:25 UTC
Captured: 26/10/2026 13:38 UTC
Text fingerprint: be0010f4ff3cff2e · 915 words
Changes detected: 1
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