ISLAMABAD (Reuters) Government has delayed the signing of an energy deal with a French company while the Supreme Court looks into suspected irregularities into the contract. The Petroleum Ministry said on Wednesday it would delay signing the contract with French company, GDF Suez, for the import of liquefied natural gas (LNG) to help the country cope with an energy crisis that has angered the public. The Supreme Court step followed media reports that the country had lost $1 billion when senior Petroleum Ministry officials ignored the lowest bid by Fauji Foundation and European company Vitol, for a 3.5 million-tonnes-a-year contract. No contract will be signed until the matter is disposed of by the court, SM Zafar, a lawyer for the Petroleum Ministry, told the court. The contract was due to be signed on April 15. The Supreme Court said this month it had taken a notice of a media report on a $1-billion LNG scam and a note had been moved to the office of Chief Justice Iftikhar Chaudhry for review. Petroleum Minister Naveed Qamar on Saturday was quoted by the state-run APP news agency as saying the contract was made in a transparent manner. Abdul Hafiz Pirzada, a lawyer for GDF Suez, said the company was extending the deadline for its offer to April 30.