KARACHI: A shipment containing 147, 000 cubic feet of Liquefied Natural Gas (LNG) from Qatar anchored Karachi in a Floating Storage Regasification Unit (FSRU).
The FSRU is like to dock at Engro Corporation’s Elengy Terminal Pakistan Limited (ETPL), where the cargo will undergo regasification’ before getting it injected into the Sui Southern Gas Company Ltd (SSGCL) network.
The SSGCL, after having FSRU approached the terminal, is required to transfer it to the Sui Northern Gas Pipelines Ltd (SNGPL) at the Zamzama-Sawan gas establishment.
The LNG will primarily be given to four Independent Power Producers (IPPs) in Punjab, including Kot Addu Power Company (Kapco).
In the second stage of the process, fuel will be utilized for Compressed Natural Gas (CNG) and in the third, it will be delivered to the fertiliser sector.
Subsequent shipments of LNG will be carried in Qatargas’ Q-Flex carter.
Uncertainty does exists over the liquefied natural gas (LNG) deal with Qatar as the government has not yet unveiled the per MMBTU price of gas.
Under the reported deal of $22 billion, Qatar agreed to provide 500 million cubic feet of LNG per day for the period of 15 years. However, there was no official statement on LNG deal and details about the rate of the purchase and sale price.