Project Profile
Location: Sindh, Pakistan
Capacity: 750 mscf
Start-up: December 2017
Pakistan GasPort LNG Terminal is a proposed LNG import terminal in Sindh, Pakistan. It is planned for operation in 2017. Pakistan GasPort Consortium Limited (PGPC), a wholly owned subsidiary of Pakistan GasPort Limited (PGPL), is establishing the country’s second LNG import terminal. The terminal that will at peak regasify and deliver 750 million standard cubic feet of natural gas per day to the transmission system has been inaugurated on November 20, 2017. This landmark Project will reduce Pakistan’s gas deficit by 30%, provide fuel for 3,600 megawatts of new power generation plants being set up in the Punjab, and yield an estimated US$1.5 billion in annual foreign-exchange savings. PGPC shall provide storage and regas services to Pakistan LNG Terminals Limited (PLTL), a wholly owned subsidiary of Government Holdings (Private) Limited, for 15 years at a levelized service charge of US$0.4177 per mmbtu, and 95% availability, on a take-or-pay basis.
BW Group is providing a new-build Floating Service and Regasification Unit (FSRU) under charter to the Project pursuant to the FSRU Lease Agreement between PGPC and BW Gas Limited and the FSRU Operation Services Agreement between PGPC and BW Fleet Management AS. A consortium comprising Xinjiang Petroleum Engineering Company Limited (XPE), CCCC Third Harbor Consultants Company Limited and CCCC Third Harbor Engineering Company Limited is providing Engineering, Procurement, Supply, Dredging and Construction services to the Project, and COWI Gulf A/S is the Owner’s Engineer.
Operator:
Pakistan GasPort
Contractors:
XPE, CCCC Third Harbor Consultants Company Limited and CCCC Third Harbor Engineering Company Limited: EPC contract
BW Group: Provided new-build Floating Service and Regasification Unit