ISLAMABAD: China will lay pipeline from Gwadar to Nawabshah and construct the terminal for liquefied natural gas (LNG) handling and re-gasification facilities and to develop large storages at an estimated of cost $3 billion – $1 billion pipeline and over $2 billion LNG terminal.
China will provide for 85 percent cost of the laying LNG pipeline from Gwadar Port to Nawabshah.
The project is being described as an alternative to the troubled gas import project with Iran as the pipeline will be extended to the Gulf state after international sanctions are lifted.
The project is part of the $45-billion worth agreements signed between Pakistan and China during the recent visit of the Prime Minister to China.
It will be the second LNG terminal in the country as a fast-track terminal is already being built by Elengy Terminal Pakistan Limited (ETPL) at Port Qasim, which is likely to be completed in February next year.
The terminal planned at the Gwadar Port will have the capacity to handle 690 mmcfd of LNG. Apart from this, large storages will be constructed at the port from where the LNG, after re-gasification, will be transported to Nawabshah, where it will be injected into the national gas network.
