Qatar Petroleum (QP) is looking to further cement its position in Pakistan’s growing LNG market with plans to develop a floating storage and regasification unit (FSRU) in a JV with Total, ExxonMobil, Mitsubishi and Norwegian shipping firm Höegh. Scheduled to come online in 2018, the FSRU would be Pakistan’s fifth and the fourth to be moored in Karachi’s Port Qasim. A final investment decision is expected in mid-2017.

Pakistan is grappling to plug a growing gas deficit...