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Business

Two more LNG terminals to be set up at Port Qasim: Senate told

ISLAMABAD: Minister for Maritime Affairs Syed Ali Haider Zaidi on Thursday informed the Senate that two more Liquefi

Dec 20 2018

ISLAMABAD: Minister for Maritime Affairs Syed Ali Haider Zaidi on Thursday informed the Senate that two more Liquefied Natural Gas (LNG) terminals will be set up at Port Qasim.

Responding to questions of the Senators during question hour in Senate, he said, tenders of the two proposed terminals will be floated soon.

He said, Karachi Port Trust (KPT) was also planning to set up an LNG terminal.

However, a feasibility study would be undertaken for establishing of LNG terminal, keeping in view the national economy, national energy policy and revenues to KPT, he added.

The minister said decision for establishment of LNG fueled integrated power project including desalination plant will be undertaken in the light of the recommendation of feasibility study to be conducted.

He said, that five port terminals / berths have been established through private sector investment during the last five years at Port Qasim.

Copyright APP (Associated Press of Pakistan), 2018