25 Billion Dollar Energy Deal Between Pakistan and GDF Suez Canceled

A deal potentially worth US$25 billion for French firm GDF Suez to import to Pakistan 3.5 million tonnes of liquefied natural gas (LNG) per year has been cancelled after the country’s top court declared the contract null and void on the grounds that the award process was not transparent.

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Source: Asia Times  , April 30, 2010;