Sept 20 (LNGJ) - Pakistan is planning the construction of five liquefied natural gas import terminals by groups including energy majors Exxon Mobil Corp. and Royal Dutch Shell as well as commodities firm Trafigura. Pakistan currently has two floating facilities at Port Qasim, east of Karachi.
The expansion plan echoes a declaration made at the Gastech 2019 conference in Houston, which has just ended, by the Pakistani government’s Nadeem Babar, a special assistant to Prime Minister Imran Khan. “In Pakistan, four years ago we had no LNG, we now have access to 10 million tonnes a year and will have 20 MTPA by 2025 and more by 2030,” said Babar.
According to the government, the developers will be required to submit technical and financial details by early November 2019 as well as a $2 million concession fee. Another $8M will be required to be paid on the signing of an implementation agreements.
