Pakistan inaugurates new LNG import terminal

Pakistan inaugurates new LNG import terminal

Pakistan GasPort’s floating storage and regasification unit (FSRU) based LNG import terminal at Port Qasim in Pakistan has been inaugurated on Monday. 

The project, served by BW’s FSRU BW Integrity with a storage capacity in excess of 170,000 cubic meters and a peak regasification capacity of 750 million standard cubic feet per day, is lauded as another step towards meeting Pakistan’s demand for imported LNG.

The new terminal will more than double Pakistan’s current LNG regasification capacity, however, even after the new terminal reaches full capacity a significant supply shortfall of 19 million tones of LNG per annum is expected.

To further reduce the shortfall, the Swiss trading house Trafigura, that has a minority stake in Pakistan GasPort’s inaugurated import terminal, has teamed up with Pakistan GasPort to develop a second LNG import project at Port Qasim. The two companies see it as an opportunity to boost import growth and scale up the industrial use of LNG in the country.

The plans were unveiled in September with Trafigura not unveiling any development details at the time.

The project will include a new jetty, berth and a second FSRU, and will be developed by the joint venture partners to sell gas to the private sector end-users without direct government involvement.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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

6th Mozambique Gas Summit & Exhibition

The CWC Group and ENH would like to thank all attendees, speakers, sponsors and exhibitors…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >