Special vehicle set up for gas supply
Following recommendations of the committee, the premier approved the release of funds for many gas supply schemes including those which were put on hold during the tenure of former prime minister Raja Pervaiz Ashraf. PHOTO: FILE
Pakistan GasPort Limited, Al-Qasim Gas and Jamshoro Joint Venture Limited have formed a special purpose vehicle, Gwadar GasPort (GGPL), for moving liquefied natural gas (LNG) on trucks for regasification at various industrial sites across Pakistan.
During a ceremony, it was disclosed that GGPL would commence engineering work at the existing Berth 3 at Gwadar Port for LNG shipment from a floating storage unit to trucks for transportation to compressed natural gas (CNG) stations, textile mills, fertiliser plants and other such large commercial and industrial units across Pakistan.
The concept underpins a virtual pipeline wherein no gas pipeline of Sui companies is required, and as a result, there will be no unaccounted for gas (UFG).
“This is a major initiative in the private sector to revolutionise the gas sector in Pakistan,” remarked GGPL Chairman Iqbal Z Ahmed.