Engro Elengy FSRU

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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Engro Elengy FSRU is a floating storage and regasification unit (FSRU) in Sindh, Pakistan.

Location

The terminal is located in a channel of the Indus River east of Karachi.

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Project Details

  • Owner: Elengy Terminal Pakistan Limited
  • Parent: Engro 56%; Royal Volpak 44%
  • Location: Port Qasim, Karachi, Sindh, Pakistan
  • Coordinates: 24.7907232, 67.3688752 (exact)
  • Capacity: 4.8 mtpa[1]
  • Status: Operating
  • Type: Import
  • Start Year: 2015

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Engro Elengy FLNG Terminal is an import LNG terminal in Sindh, Pakistan. The terminal was proposed in 2014 and was completed in 2015. It has unloading capacity of 690 MMcf/d.[2][3]

In July 2018 the Dutch company Royal Volpak acquired 29% ownership of the terminal for $38 million.[4] In November 2018 Royal Volpak increased its ownership share to 44%.[5]

Corruption allegations

In October 2018 two government ministers charged that the terminal had secured contracts at exorbitant rates and that the contracting process had not been transparent.[6] In July 2019 former Prime Minister Shahid Khaqan Abbasi was arrested for abuses of power while serving as Minister of Petroleum and Natural Resource Development. Abbasi was charged with conducting noncompetitive bidding processes in developing the Engro Elengy terminal and steering a no-bid contract to a law firm with which he had personal ties.[7]

New Engro Elengy FSRU

In February 2020 Engro Elengy and Excelerate Energy signed an agreement for the construction of a new FSRU to be moored at the same location. New Energro Elengy FSRU will have a capacity of 5.9 mtpa.[8]

Articles and resources

References

  1. 2019 World Gas Report International Gas Union, accessed August 2019
  2. Port Qasim FLNG Terminal, A Barrel Full, accessed April 2017
  3. Karen Thomas, "Quenching the Indian subcontinent’s thirst for LNG," LNG World Shipping, June 26, 2017.
  4. Dutch firm takes 29% stake in Engro’s Elengy Terminal for $38m, The Express Tribune, Jul. 21, 2018
  5. Vopak raises share in Pakistan LNG terminal to 44%, S&P Platts Global, Nov. 27, 2018
  6. LNG terminal operators hit back at govt allegations, Dawn, Oct. 20, 2018
  7. Shahid Abbasi nabbed in LNG terminal case, The News, Jul. 21, 2019
  8. John Snyder, Newbuild FSRU will underpin Pakistan’s growing demand for gas, Riviera, Feb. 10, 2020

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External resources

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