China National Chemical Engineering Group Corporation (CNCECFourth )’s Construction Co. Ltd (FCC) has secured an EPCF contract with Daewoo Gas to build a new LNG terminal in Pakistan.
This project, which has a nameplate capacity of 2.5 million ton per year (mtpa) of LNG, will eventually include ports, storage tanks, a distribution center, and ragas trains, according to China Economic Net.
According to Shahid Karim, CEO of Daewoo Gas, the port might be located off the coast of the Arabian Sea, south of Pakistan.
“This terminal is for liquid sales with the use of the Virtual Pipeline System Technique,” CNCEC-FCC General Manager Zhou Hong said.
“We expect that with the start of this project, Daewoo Gas will not only assist satisfy Pakistan’s energy demands, but also contribute to the country’s natural gas sector upgrading with its innovative technology,” Karim said during the virtual signing ceremony.
According to Daewoo Gas, if completed, this terminal would be capable of handling 10,000 metric tonnes of LNG per day at its peak, hence improving Pakistan’s energy supply.
“Under the China-Pakistan Economic Corridor (CPEC), this project will not only successfully address Pakistan’s energy shortfall, but will also fulfil the country’s desire for clean energy, energy conservation, and emission reduction,” Zhou added.