Pakistan to Boost LNG Import Capacity
Qatar Petroleum, Total, Mitsubishi, ExxonMobil, and Höegh LNG have announced plans to advance an LNG import project in Pakistan in collaboration with Global Energy Infrastructure Limited.
The consortium will develop a project that includes an FSRU, a jetty and a pipeline to shore. The FSRU is expected to have a minimum regasification capacity of 750 million cubic feet per day by 2018.
Pakistan has a large demand for natural gas and a well-established gas market and distribution system. Last year the country signed an FSRU deal with Singapore’s BW Group – the nation’s second such import terminal.
Along with Egypt and Jordan, Pakistan was a newcomer to the LNG import market in 2015, helping drive up demand for growing world supplies.
The new BW Group FSRU import terminal will be able to receive 600 million cubic feet of natural gas per day and is expected to be commissioned for operations by mid-2017.
Pakistan started up the Engro Elengy LNG terminal, the country's first LNG import facility, in Port Qasim in March 2016.
Qatar is the country's largest LNG supplier.