BR100 Increased By (0.3%)
BR30 Increased By (0.41%)
KSE100 Decreased By (-0.14%)
KSE30 Decreased By (-0.13%)
AGHA 7.47 Decreased By ▼ -0.09 (-1.19%)
BECO 5.17 Increased By ▲ 0.08 (1.57%)
BML 54.71 Decreased By ▼ -0.27 (-0.49%)
BOP 33.10 Increased By ▲ 0.12 (0.36%)
CNERGY 10.35 Increased By ▲ 0.25 (2.48%)
CSIL 5.13 No Change ▼ 0.00 (0%)
FCCL 52.25 Increased By ▲ 1.00 (1.95%)
FFL 16.50 Increased By ▲ 0.32 (1.98%)
FNEL 1.22 Increased By ▲ 0.03 (2.52%)
KEL 7.21 Increased By ▲ 0.15 (2.12%)
KOSM 5.86 Increased By ▲ 0.32 (5.78%)
LOTCHEM 27.17 Decreased By ▼ -1.95 (-6.7%)
MLCF 90.30 Increased By ▲ 1.48 (1.67%)
NBP 196.90 Decreased By ▼ -0.59 (-0.3%)
NCPL 55.70 Increased By ▲ 0.68 (1.24%)
NPL 65.49 Increased By ▲ 0.61 (0.94%)
OGDC 313.78 Increased By ▲ 1.83 (0.59%)
PACE 10.40 Increased By ▲ 0.19 (1.86%)
PAEL 41.25 Increased By ▲ 0.26 (0.63%)
PIBTL 16.06 Increased By ▲ 0.10 (0.63%)
PPL 213.83 Increased By ▲ 1.17 (0.55%)
PRL 54.15 Increased By ▲ 1.61 (3.06%)
PTC 69.99 Increased By ▲ 0.91 (1.32%)
SSGC 25.16 Increased By ▲ 0.06 (0.24%)
TBL 9.56 Decreased By ▼ -0.06 (-0.62%)
TELE 8.37 Increased By ▲ 0.05 (0.6%)
TPL 18.20 Increased By ▲ 0.45 (2.54%)
TPLP 13.10 Decreased By ▼ -0.12 (-0.91%)
TREET 21.41 Decreased By ▼ -0.33 (-1.52%)
TRG 59.98 Increased By ▲ 3.09 (5.43%)

imageISLAMABAD: The 700-kilomtre Gwadar-Nawabshah gas pipeline and Liquified Natural Gas (LNG) terminal projects will complete within the given schedule-December 2017.

A senior official in the Ministry of Petroleum and Natural Resources talking to APP ,"The projects will hopefully be completed by December 2017 with the financial assistance of China,".

The 42-inch diameter pipeline would be laid along with two compressor stations, while the terminal at Gwadar would have the capacity to handle up to 500 million cubic feet per day (mmcfd) of gas.

The $ 1.4 to 1.5 billion project, he informed, was being executed on build-operate-transfer (BOT) basis, adding that the pipeline would pass through Pasni, Ormara and Hingol before reaching Nawabshah.

The Economic Coordination Committee (ECC) of the cabinet has already approved construction of the Gwadar-Nawabshah pipeline.

In the next phase, the pipeline would be extended upto Lahore at a cost of $ two billion.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed for this article.