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Under $22b deal, 147,000 cubic feet LNG shipment reaches Karachi from Qatar

byCustoms Today Report
26/03/2015
in Business
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KARACHI: An LNG shipment of 147,000 cubic feet has reached the Karachi anchorage from Qatar in a Floating Storage Regasification Unit (FSRU) that is likely to dock at Engro Corporation’s Elengy Terminal Pakistan Limited (ETPL)

Qatar, under the $22 billion reported deal, agreed to supply 500 million cubic feet of LNG per day for 15 years. However, there was no official word on LNG deal and details about the rate of the purchase and sale price.

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At ETPL, the cargo after going through clearance will undergo ‘regasification’ before being injected into the Sui Southern Gas Company Ltd (SSGCL) network. The FSRU will take approximately five hours to reach the terminal, and will begin offloading the cargo at 6:30pm this evening, an official said.

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).

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