Daewoo Gas LNG Terminal

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Daewoo Gas LNG Terminal, also known as Gwadar-Nawabshah LNG Terminal, Gwadar LNG Terminal, and Gwadar Port LNG Terminal, is a shelved (inferred 2 y) LNG import terminal in Pakistan.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Daewoo Gas LNG Terminal Gwadar Port, Balochistan, Pakistan 25.1106, 62.3396 (exact)

The map below shows the exact location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Daewoo Gas LNG Terminal import shelved (inferred 2 y) 2.5 mtpa 2.5 mtpa False –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Daewoo Gas LNG Terminal import US$350,000,000 US$350,000,000

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
Daewoo Gas LNG Terminal import shelved (inferred 2 y) – – – – 2024 (shelved)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Daewoo Gas LNG Terminal import shelved (inferred 2 y) Daewoo Gas [100%][1] Asiapak Investments [100.0%] –

Background

On April 20, 2015, China's National Energy Administration and Pakistan's Ministry of Petroleum & Natural Resources signed a framework agreement for the Daewoo Gas LNG Terminal, at the time known as the Gwadar-Nawabshah LNG Terminal, and pipeline project. The government awarded the project to China Petroleum Pipeline Bureau on a build-own-operate (BOO) basis in October 2016; under the arrangement, China will provide 85% of financing whereas Pakistan will contribute 15% of equity. The April 2015 agreement was originally valid for one year and its term expired on April 19, 2016. Pakistan and China, however, agreed to extend it for one more year until April 19, 2017.[2]

In June 2017 it was reported that the Pakistani government had abandoned the US$2 billion Gwadar-Nawabshah gas pipeline and terminal. The government did so after pressure from the US and Saudi Arabia to drop the project, as Pakistan hoped to lay an additional 80-100 km of pipeline from the project to the Iranian border once US sanctions on Iran were dropped.[3]

In August 2018 it was reported that the project would be revived by Pakistan's new government, led by the Pakistan Tehreek-e-Insaf (PTI).[4]

In April 2022, it was reported that Daewoo Gas would be building an LNG terminal at Gwadar Port that would be able to import 10,000 tons of LNG per day (3.65 mtpa). The terminal would provide LNG to customers by truck.[5]

As of June 2024, there were no new development updates related to this terminal for over four years and it is presumed cancelled.

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. ↑ https://lngprime.com/asia/chinas-cncec-to-build-pakistan-lng-terminal/49899/. {{cite web}}: Missing or empty |title= (help)
  2. ↑ "LNG supply: Gwadar terminal, pipeline project stuck on paper," The Express Tribune, Feb 14, 2017
  3. ↑ "Gwadar-Nawabshah Pipeline: US-Saudi nexus," Business Recorder, June 20, 2017
  4. ↑ Gwadar-Nawabshah LNG terminal project to be revived, Zameen News, Aug. 12, 2018
  5. ↑ https://lngprime.com/asia/chinas-cncec-to-build-pakistan-lng-terminal/49899/. {{cite web}}: Missing or empty |title= (help)CS1 maint: url-status (link)