Project Profile
Value: Undisclosed
Location: Port Qasim, Pakistan
Capacity: 200 mmcfd of LNG
Start-up Year: 2015
The Oil and Gas Regulatory Authority (Ogra) has granted a licence to Elengy Terminal Pakistan Limited (ETPL) for constructing an LNG import terminal that will handle gas supplies expected to start arriving next year. Ogra issued a statement saying it granted the license to ETPL after the company met all the requirements of the LNG policy and rules for the build of the LNG terminal at the Port Qasim.
Ogra examined the application under its rules and also got it evaluated by an internationally reputed independent consultant, SGS. Necessary no-objection certificate from the Ministry of Defence and approval of the Port Qasim Authority have also been submitted by the project developer. Keeping in view the fulfillment of technical and legal requirements by ETPL and gas shortage in the country that demanded a fast-track import of LNG, Ogra granted the licence to ETPL for construction of the terminal. The government will initially import 200 mmcfd of LNG in the first phase. ETPL and Sui Southern Gas Company had already signed an LNG services agreement following approval of the Economic Coordination Committee and cabinet. ETPL, a subsidiary of Engro Corporation, is bound to set up the terminal in 11 months since the award of contract.
Operators:
Elengy Terminal Pakistan Limited (ETPL) (a subsidiary of Engro Corporation): Operator with 100% interest