The government is successfully going ahead with its plan to augment energy supplies and first shipment of 200 mmcfd of the Liquified Natural Gas (LNG) will be added to the system in an year.
In his budget speech, Minister for Finance Ishaq Dar on Tuesday said the current gas production meets only 50 percent of the national requirements, thus efforts were being made to import LNG to bridge the gap.
He said the government had succeeded to award contract for building a terminal at Port Qasim and work on the jetty had been started to import 200 mmcfd, which would be enhanced to 400 mmcfd at later stages, the minister said.
He said the process had been started to acquire 350,000 tons of LNG at international market which would go a long way in reinforcing the current energy supplies in the country.
Is not the Pak govt trying to fool Pakistani Awaam about unloading LNG at Port Qasim in a year? Transporting LNG from an existing facility to Pakistan would require to build an unloading, gasification and pipeline facility. The entire plant would take a minimu of 3 years after clearance. Delivery of compressors, refrigeration equipment, vaporizers, etc would be a minim of 18-24 months from clear order. Add 6 months to that from inquiry. Design engineering takes another 6-8 months.
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