OGRA grants licences to two virtual pipeline firms
Private sector to introduce this concept through cryogenic bowzers
PHOTO: AFP
ISLAMABAD:
In a new development, Pakistan’s private sector is going to introduce an innovative concept of virtual pipelines through cryogenic bowzers.
Currently, Pakistan has two floating liquefied natural gas (LNG) terminals in Karachi with handling capacity of around 1.3 billion cubic feet per day (bcfd) of LNG.
With the new concept of virtual pipelines, the government will open up the LNG market for the private sector to ship gas through such pipelines. Under this project, the private sector will not have to lay pipelines for gas transport.
Special vehicle set up for gas supply
The concept underpins a virtual pipeline wherein no gas pipeline of Sui companies is required
Following recommendations of the committee, the premier approved the release of funds for many gas supply schemes including those which were put on hold during the tenure of former prime minister Raja Pervaiz Ashraf. PHOTO: FILE
Pakistan GasPort Limited, Al-Qasim Gas and Jamshoro Joint Venture Limited have formed a special purpose vehicle, Gwadar GasPort (GGPL), for moving liquefied natural gas (LNG) on trucks for regasification at various industrial sites across Pakistan.
During a ceremony, it was disclosed that GGPL would commence engineering work at the existing Berth 3 at Gwadar Port for LNG shipment from a floating storage unit to trucks for transportation to compressed natural gas (CNG) stations, textile mills, fertiliser plants and other such large commercial and industrial units across Pakistan.
Agreement signed for Gwadar virtual LNG pipeline - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.