Daewoo Gas LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
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:
Project Details
Table 2: Infrastructure details
| 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
| 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
- ↑ https://lngprime.com/asia/chinas-cncec-to-build-pakistan-lng-terminal/49899/.
{{cite web}}: Missing or empty|title=(help) - ↑ "LNG supply: Gwadar terminal, pipeline project stuck on paper," The Express Tribune, Feb 14, 2017
- ↑ "Gwadar-Nawabshah Pipeline: US-Saudi nexus," Business Recorder, June 20, 2017
- ↑ Gwadar-Nawabshah LNG terminal project to be revived, Zameen News, Aug. 12, 2018
- ↑ https://lngprime.com/asia/chinas-cncec-to-build-pakistan-lng-terminal/49899/.
{{cite web}}: Missing or empty|title=(help)CS1 maint: url-status (link)
