State-owned energy company Qatar Petroleum (QP) has joined an international consortium of major US, European, and Japanese energy companies to develop a liquefied natural gas (LNG) import project in Pakistan in collaboration with local developer Global Energy Infrastructure Limited (GEIL), Rigzone informed.
The consortium, which includes US ExxonMobil, France’s Total, Japan’s Mitsubishi, and Norway’s Hoegh, will develop a project that includes a floating storage and regasification unit (FSRU), a jetty, and a pipeline to shore to provide natural gas supply to Pakistan.
The FSRU will have a minimum regasification capacity of 750mft3/d when it enters service in 2018.
In July 2016, QP, ExxonMobil, and Total-owned subsidiary Qatargas-2 signed an agreement to supply 1.3mmt/y to GEIL for Pakistan over 20 years, starting in 2018, with provisions allowing the volume to be increased to 2.3mmt/y.
This will be the first private LNG import terminal in Pakistan, although it will be the third floating import terminal to be sited at Port Qasim, Natural Gas World noted.