Pakistan’s Port Qasim to Get 2nd FSRU

Following negotiations with the consortium of Engro, Fatima, and Shell, US-based Excelerate Energy said that it would help deliver a proposed floating LNG terminal and second FSRU to the Pakistan market.

The consortium’s project site is located across the Port Qasim channel and the country’s first LNG import terminal that Elengy installed early last year utilizing Excelerate’s floating regas technology.

When the consortium’s project comes on line in 2018, the total regasification capacity from Excelerate’s two FSRU’s at Port Qasim will be over 1 bcf per day, enough natural gas to support over 6,000 MW of power generation.

“The fast track FSRU project will supply much needed natural gas to Pakistan to help mitigate the supply shortfalls the country is currently facing,” Excelerate informed.

“Excelerate is extremely excited to work with this strong partnership of Engro, Fatima, and Shell to implement this project in what we view as one of the largest markets for natural gas in the world,” Chief Development Officer Daniel Bustos, said.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Eastern Mediterranean Offshore Conference and Exhibition (EMC) 2020

EMC 2020 conference will arm delegates with technical and commercial knowledge to capitalise…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >