‘LNG terminal running at high capacity’

LAHORE: Pakistan GasPort Limited has said that it is operating at 105% of the capacity at its LNG import and regasification terminal at Port Qasim and dispatching 650 mmcfd of re-gasified LNG to the Sui pipeline system at one of the lowest tariffs in the country and region of 41.77 US cents per mmbtu. Under a 15-year agreement, Pakistan LNG Terminals Limited has contracted out the processing of 600 mmcfd of imported LNG to the Pakistan GasPort terminal. According to company officials, the private sector-owned and operated terminal is running beyond its contracted capacity and is supplying critical energy at a time when SSGC has stopped gas supply to the CNG sector and captive power plants owing to reduced gas supply. Pakistan GasPort says it operates a brand new floating storage and re-gasfication unit under an operation and maintenance agreement with Norway’s BW.

Published in The Express Tribune, December 13^th, 2018.

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