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Friday, April 20, 2018

Trafigura to Develop Another Pakistan LNG Import Project

Maritime Activity Reports, Inc.

November 20, 2017

File Image: A typical LNG Carrier at Sea (CREDIT: QGTC)

File Image: A typical LNG Carrier at Sea (CREDIT: QGTC)

Swiss commodity trader Trafigura said it plans to develop its second liquefied natural gas (LNG) import terminal in Pakistan, alongside an existing project in which it has a minority stake.
 
At a inauguration ceremony for Pakistan's second LNG import project, Pakistan GasPort Ltd (PGPL), in Port Qasim in Karachi, the trader said it would add a jetty, berth and a second floating storage and regasification unit (FSRU) to the existing facility.
 
Trafigura expects to benefit from lower development costs by taking advantage of existing infrastructure at the site. The joint venture with PGPL will sell gas to private sector customers.
 
It did not given any other details.
 

Reporting by Oleg Vukmanovic 

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