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Pakistan Gets Go-Ahead for Three LNG Terminals at Port Qasim

Pakistan's strategic deep-water Port Qasim was granted approval by the Cabinet's Economic Coordination Committee for the construction of terminals for receiving, storing and re-gasifying LNG

Released Tuesday, July 23, 2013

Pakistan Gets Go-Ahead for Three LNG Terminals at Port Qasim

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Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--The strategic deep-water Port Qasim, adjacent to Pakistani commercial capital Karachi's port, was granted approval by the Cabinet's Economic Coordination Committee for the construction of terminals for receiving, storing and re-gasifying LNG. Qatar has agreed to supply 500 million cubic feet per day of LNG to Pakistan.

The Energo project will be completed on a fast-track basis over the next six to eight months with an estimated cost of $30 million to $40 million. It will handle 200 million cubic feet per day of LNG.

The Sui Southern Gas Company (SSGC) (Karachi) is a subsidiary of Pakistan's largest integrated gas company. The liquid petroleum gas (LPG) retrofit project is to be completed at a cost of $175 million to $200 million, and it will have the capacity to handle 500 million cubic feet per day. A second new LNG terminal, with a handling capacity of 500 million to 1,000 billion cubic feet per day, also was approved. These projects are planned to be completed in 22 and 30 months, respectively.

For related information, see October 9, 2012, article - Pakistan to Open Bidding on Two LNG Terminals and an LNG Retrofit.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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