Two more LNG terminals to be built in 2 years

The Express Tribune/22-11-2019

KARACHI: The Port Qasim Authority (PQA) Chairman Hasan Nasir Shah urged that two new offshore liquefied natural gas (LNG) terminals would be constructed at Port Qasim on build, operate and transfer (BOT) basis by private consortiums, led by foreign companies, over the next 24 months in addition to the two existing LNG terminals. While briefing the Senate Standing Committee on Maritime Affairs about operations and current activities of the port, Shah said after completion the terminals would help cater to the energy needs of the country. Committee members also visited the operational area and industrial zone of the port and appreciated the clean and green environment. They also commended the performance and advancement of the PQA in terms of operations and revenue generation. It was informed during the briefing that the PQA had great potential for investment and economic development and a number of new projects were under consideration.