After 2 years and 5 months of operations, Prime Minister Shahid Khaqan Abbasi once again inaugurated the country’s first ever LNG terminal at Port Qasim, Karachi.
Engro LNG Terminal Pakistan started its commercial operations on 28 March, 2015. The plant was completed in a record 330 days.
Pakistan has imported a record 6.1 million tons of LNG through country’s first LNG terminal at Port Qasim.
Re-Gasified 300 Billion Cubic Feet
Engro’s LNG terminal has so far handled 100 LNG cargo ships at its LNG terminal and re-gasified approximately 300 billion cubic feet of gas into the gas distribution network of the country within 26 months. The LNG terminal has the capacity to re-gasify 600 mmscfd gas.
This terminal provides much needed energy relief to the country, because Pakistan has a gas deficit of over 2.5 billion cubic feet and current LNG imports have reduced this deficit by 20 to 25 percent.
Ever since the induction of LNG into country’s gas distribution network, the government has brought 2,200 MW of power generation online by switching to LNG from expensive liquid fuels.
Savings of $1.7 Billion
According to officials, Pakistan has so far saved approximately US$ 1.7 billion by importing liquefied natural gas (LNG) that was cheaper than furnace oil and diesel – major fuel sources used to run Pakistan’s power plants.
Internationally, over 240 MTPA of LNG is traded worldwide, out of which more than 170 MTPA is tied to Take or Pay Contracts worldwide. Even coal dominated economies like South Africa have switched to gas and are now developing a framework for importing LNG.
Solution For The Energy Crisis?
This infrastructural breakthrough has enabled the government to address the energy crisis through investment in new gas fired power plants for additional 3,600 MW power generation capacity. These power plants are under construction at Sheikhupura, Jhang and Kasur districts and will be Pakistan’s most efficient power generation units.
Additionally the government was making Take or Pay payments to five Independent Power Producers despite them operating at 0-50% of capacity.
Congratulation :
Who inaugurated it the first time?
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Yar yeh PTI supporter q har waqat goverenment k achai kam ki tareef karnai k bajai usai tanqeed ka nisana banti hain jis tarah yeh writer joot bol raha hain k yeh uski dosrai inauguration hain………pehlai inauguration ki koi tasveer ya news link share karo na. Ya waise he PTI walo ki tarah beghair saboot ka ilzam
PTI walo achai kam ki tareef karo
kabi Metro ko jangla bus kehtai ho aur Peshawar Metro ( jis par sirf facebook main kam tezai sai jari hain) banai jarahai ho….
Kabhai kehto Motorway sai tarqai nahe hoti khabahi Swat Motorway (pata nahe jis ko har saal DEC main mukamal hona hain aur ab bhain pata nahe chalta kai 2 saal aur ligai ya kitnai ) banatai ho
Shhbaaz kai flyovers par tanqeed kartai ho aur Bab-e-Khybar Flyover k iftitah Khan saab bari khushi sai karta
kabhi kehtai ho hum nai Medical, Education , Police aur accountability ko 90 days main teak karna hain aur 4 saal kai baad accountibility commesion ka sirf naam hain education k performance par Peshawar High court nain actionn liya huwa hain….Medical emergency ka haal na pochu tu behtar hain…….Police wese hain jaisai baqi Pakistan k hain
jab yeh baat Pti walo ko bato tu PTI ka universal sentence samnai ajata hain
“Hum nai wo kaam kai hain jo ankho sai nazar nahe atai”
Totally agree. 4 saal yahi suntay rehay k Khan saab ney KPK mein education or health pey kharch kya ha. Ab pata chal raha ha k kuch bhi nai kya. Pooray KPK mein aik bhi burn unit nai, aik bhi Cardiology hospital nai. Kuch din pehlay news thi k Superem court k aik judge ney comment dya ha k KPK mein tafteesh zero ha sirf FIR darj ker lena kafi nai, taftessh bhi honi chahiya…. kya kerin jo bhi ho IK mahatma ha mahatma rahey ga.