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    Pakistan's SSGC Approves LNG Terminal Plans

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Summary

Sui Southern Gas Company (SSGC) has given the go-ahead to the liquefied natural gas (LNG) retrofit terminal project for handling import of 500 million cubic feet per day (mmcfd) and has asked the Pakistani government to also approve the facility, according to The Express Tribune.

by: Shardul

Posted in:

Asia/Oceania

Pakistan's SSGC Approves LNG Terminal Plans

Sui Southern Gas Company (SSGC) has given the go-ahead to the liquefied natural gas (LNG) retrofit terminal project for handling import of 500 million cubic feet per day (mmcfd) and has asked the Pakistani government to also approve the facility, according to The Express Tribune.

The new government has approached Qatar to clinch an LNG import deal on a government-to-government basis. However, Qatar is seeking a commitment from Pakistan to establish an LNG terminal before entering into any import contract, the report added.

Talking to The Express Tribune, Petroleum Secretary Abid Saeed said they had not yet formally received the decision taken by the SSGC board, but added the ministry would take it up.

The project will be completed in 22 months at an estimated cost of $163 million. The qualified bidder has quoted 80 cents as tolling tariff.