Engro Elengy CEO: Pakistan set for first LNG shipment

Energy-hungry Pakistan is about to join the LNG importing nations club with the arrival of the first tanker carrying a cargo of the chilled fuel this week.

The vessel is being loaded in Ras Laffan and is expected on March 26/27,” Sheikh Imran-ul-Haque, Chief Executive Officer of Engro Elengy Terminal Limited told LNG World News in an interview.

Engro Elengy is the operator of Pakistan’s first LNG import terminal located at Port of Qasim, with the capacity for regasification of up to 4.5 million tons of LNG per year.

The fuel will be supplied to the state-owned Sui Southern Gas Company’s gas distribution network via a new high-pressure pipeline.

According to Haque, Pakistan is still in talks with the world’s largest LNG producer Qatar, even tough local media has reported that a contract has already been signed.

He also said that the country is negotiating a possible deal with Petronas and Chinese companies.

Pakistan heavily relies on imports of conventional fuels to fire its power stations. “LNG is much more environmentally friendly when compared to heavy oil or coal. In addition, it will be used to generate power instead of the expensive oils and will result in lower cost of generation,” Haque said.

Haque also said that use of the chilled gas in transport is a viable option since the country has one of the largest NGV fleets in the world.

The CNG users should see its availability soon. GOP has already facilitated them through policy changes and targeted availability of CNG at 20-30% lower than gasoline.”

Asked about the company’s focus on the future, Haque said: “Expansion in capacity to handle larger volumes of LNG with ability to transport via trucks will be our focus, and we also want to be an aggregator of volumes as usage increases.

 

LNG World News Staff

 

 

 

 

Share this article

Follow LNG World News

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >