LNG Contract: Engro vows cooperation in NAB probe

Engro Elengy Terminal Limited (EETPL) has said that it will extend all possible cooperation to regulatory and relevant government agencies for information requested pertaining to NAB’s inquiry into a liquefied natural gas (LNG) terminal contract. “The company has always acted, and continues to act, in a fair and transparent manner in all its business and commercial commitments,” Engro said in a statement. To date, according to the company, the terminal has handled more than 160 LNG carriers in approximately three years, saving in excess of $3 billion for the country. On a daily basis, Engro’s LNG terminal provides 600 million cubic feet, representing nearly 15% of the country’s gas requirement and helping spur the economy. 

Published in The Express Tribune, June 8^th, 2018.

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