LNG terminal to be completed by 2018

ISLAMABAD: The first private sector Liquefied Natural Gas (LNG) terminal, having a capacity of 1,000 million cubic feet per day (mmcfd) gas, is expected to be completed by 2018. On completion, this gas supply project will account for around 10% of the primary energy supplies of the country, and will be equivalent of 20% of the current domestic natural gas production. “It will re-gasify up to 750 mmfcd gas per day as base-load,” according to a press statement issued by the Ministry of Finance here Thursday. The statement added that Federal Minister for Finance Ishaq Dar Thursday chaired a meeting with senior executives, representing the multinational consortium, which is developing the project in Pakistan. Global Energy Infrastructure Limited (GEIL) Chairman and CEO, with which the consortium is partnering on the project, also participated in the meeting.

Published in The Express Tribune, February 10^th, 2017.

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