PM announces new LNG terminals to start working soon

Inaugurates the Pakistan Oil and Gas Conference 2017


Our Correspondent November 03, 2017
Liquefied natural gas (LNG) storage tanks and a membrane-type tanker. PHOTO: REUTERS

ISLAMABAD: The PML-N government sees imported gas as the only option that can overcome energy crisis in the country.

Solidifying the perception, Prime Minister Shahid Khaqan Abbasi said on Thursday that Pakistan would soon have three liquefied natural gas (LNG) terminals to pump gas across the country to meet future domestic needs.

At present, one LNG terminal is operational and is handling 600 million cubic feet of LNG per day (mmcfd).

Qatargas to assess risks of diverting LNG supply to new terminal

Addressing the inaugural session of the Pakistan Oil and Gas Conference 2017 on the topic of “Emerging fuel mix for Pakistan and marketing outlook”, the prime minister said load-shedding of gas for all consumers was a thing of the past and power outages would end soon.

Abbasi said the first LNG terminal and associated transmission lines for gas supply to the upcountry had been completed in a record period of 18 months, which led to a turnaround.

He recalled that the government faced several challenges when it came to power in 2013 and energy crisis was a big challenge. With the import of LNG, he said, a country (Pakistan) which used to import fertiliser, had been able to export 700,000 tons of fertiliser.

He boasted that today all gas consumers, particularly the industrial sector, were getting uninterrupted supply and power houses were receiving imported gas to generate cheap electricity.

SSGC asked to build LNG pipeline from Karachi to Nawabshah

The prime minister said Pakistan was the only country using RON-87 fuel and made efforts to switch over to the higher Euro grade of RON-92, which was being used across the world. Similarly, the country switched to Euro-II diesel that was less damaging for the environment and like CNG had been deregulated.

Abbasi said two oil refineries of 250,000 barrels per day were working in south and central Pakistan while plans were afoot to pump petrol and diesel to the upcountry through a pipeline, which would cut down the cost and precious time required for road transportation.

Published in The Express Tribune, November 3rd, 2017.

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