ISLAMABAD: Following the official statements about import of LNG, the first shipment of Liquefied Natural Gas is scheduled to reach Port Qasim on March 26 from Qatar at the rate of $8 to $9 per million British thermal units (MMBTU).
Earlier this month, Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi had said that Pakistan generated electricity through furnace oil and diesel and both fuels are relatively expensive as compared to LNG, adding, “LNG is also cleaner and considered environment-friendly.”
The Qatari government has informed the Petroleum Ministry and Engro Corporation Ltd that the filling of 147,000 cubic feet of LNG in the Q-Flex LNG carrier is currently underway. After the cargo reaches Pakistan, the LNG will be re-gasified and, on March 31, injected into the Sui Southern Gas Company Ltd (SSGCL) network through Engro’s re-gasification terminal at Port Qasim.
The SSGCL is then required to transfer it to the Sui Northern Gas Pipelines Ltd (SNGPL) at the Zamzama-Sawan gas establishment. The LNG will initially be provided to four Independent Power Producers (IPPs) in Punjab, including Kot Addu Power Company (Kapco).
The $135 million Engro Elengy Terminal Limited (ETPL) – a subsidiary of Engro Corporation terminal at Port Qasim – was completed in record time, according to Shaikh Imran-ul-Haq CEO of ETPL.
