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Energas FSRU, also known as Energas LNG Terminal, is a proposed LNG import terminal in Port Qasim, Pakistan.[1]
Location
Project Details
- Owner: Energas Terminal Pvt Ltd[1][2]
- Parent company: Qasim Terminal Holding Co. (49%), Lucky Group, Sapphire Group, Halmore Power[3][4]
- Location: Port Qasim, Pakistan[1]
- Coordinates: 24.769704, 67.334731 (estimate)
- Capacity: 750 mmcfd (5.7 mtpa)[1]
- Status: Proposed[1]
- Type: Import[1]
- Cost: US$140-160 million[4]
- Formerly US$180 million[5]
- Start Year: 2022
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day; mmcfd = million cubic feet per day
Background
Energas has proposed to build an FSRU in Port Qasim, Pakistan.[1][5] ExxonMobil pulled out of the project in November 2020 but Energas continues to sponsor it.[6]
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.[7]
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.[4]
In September 2023, Profit reported that Pakistan was actively pursuing the revival of this terminal.[8]
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.[9]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Energas to Start Pakistan's Largest LNG Terminal in 2021, Rigzone, January 20, 2021
- ↑ "Home". ENERGAS. Retrieved 2022-07-29.
- ↑ Khaleeq Kiani (2021-11-24). "Qatar gets clearance to buy stake in LNG terminal in Pakistan". DAWN.COM. Retrieved 2022-07-29.
- ↑ 4.0 4.1 4.2 "Qatar asks Pakistan to address obstacles to Energas LNG terminal investment". Retrieved 2023-10-03.
- ↑ 5.0 5.1 Energas all set to start construction of $180 mln Pakistani LNG terminal — CEO Arab News PK, January 20, 2021
- ↑ ExxonMobil withdraws from LNG project in Pakistan. NS Energy. November 2, 2020.
- ↑ "Qatar Invests in Pakistan's Next LNG Import Terminal". Bloomberg.com. Retrieved 2022-07-29.
- ↑ "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) - ↑ "Ogra act amendment to bring $200m". The Express Tribune. Jun 26, 2024. Retrieved Jun 26, 2024.
{{cite web}}: CS1 maint: url-status (link)
