Energas FSRU

From Global Energy Monitor
Part of the
Global Gas Infrastructure Tracker,
a Global Energy Monitor project.
Download full dataset
Report an error

Energas FSRU, also known as Energas LNG Terminal, is a proposed LNG import terminal in Pakistan.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Energas FSRU Port Qasim, Karachi, Sindh, Pakistan[1] 24.769704, 67.334731 (approximate)

The map below shows the approximate location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Energas FSRU import[1] proposed 5.75 mtpa 5.75 mtpa True –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Energas FSRU import[1] US$150,000,000 US$150,000,000

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Energas FSRU import[1] proposed – – – – –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Energas FSRU import[1] proposed Energas Terminal Pvt Ltd [100%][2][3] Qasim Terminal Holding Co [49.0%]; Halmore Power; Lucky Group; Sapphire Group –

Background

Energas has proposed to build an FSRU in Port Qasim, Pakistan, with an initial commissioning target of 2018.[4] ExxonMobil pulled out of the project in November 2020 but Energas continues to sponsor it.[5]

In October 2021, Qasim Terminal Holding Co., a subsidiary of Qatar Energy, applied for clearance with Pakistan’s government to take a stake in the Energas terminal.[6]

In May 2023, The News reported that Qatar's government had asked Pakistan to address issues delaying progress in developing Energas FSRU. Qatar's Qasim Terminal Holding Co. has a 49% stake in the project. The cost of the terminal at this time was estimated to be US$140-160 million.[1]

In September 2023, Profit reported that Pakistan was actively pursuing the revival of this terminal.[7]

In June 2024, The Express Tribune reported that the government was planning to amend the Oil and Gas Regulatory Authority (Ogra) Act aimed at allowing the operator of Energas Terminal to have monopoly over capacity utilization, which would make this terminal a more attractive investment for Qatar.[8]

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 https://www.rigzone.com/news/wire/energas_to_start_pakistans_largest_lng_terminal_in_2021-13-dec-2019-160572-article/. {{cite web}}: Missing or empty |title= (help)
  2. ↑ https://www.thenews.com.pk/print/1073599-qatar-asks-pakistan-to-address-obstacles-to-energas-lng-terminal-investment. {{cite web}}: Missing or empty |title= (help)
  3. ↑ https://www.dawn.com/news/1659849. {{cite web}}: Missing or empty |title= (help)
  4. ↑ "Investors aim for LNG import terminal in early 2019". www.nation.com.pk. Retrieved 2026-07-17.
  5. ↑ ExxonMobil withdraws from LNG project in Pakistan. NS Energy. November 2, 2020.
  6. ↑ "Qatar Invests in Pakistan's Next LNG Import Terminal". Bloomberg.com. Retrieved 2022-07-29.
  7. ↑ "Pakistan aims to revive stalled Qatari LNG project". Profit. Sept 22, 2023. Retrieved Jun 28, 2024. {{cite web}}: Check date values in: |date= (help)CS1 maint: url-status (link)
  8. ↑ "Ogra act amendment to bring $200m". The Express Tribune. Jun 26, 2024. Retrieved Jun 26, 2024.{{cite web}}: CS1 maint: url-status (link)