Global News

LNG only solution to energy crisis: PM

LNG only solution to energy crisis: PM

Prime Minister Shahid Khaqan Abbasi Monday emphasized that E-governance should be promoted for transparency and efficiency.

It was Pakistan's first LNG terminal established by Engro Terminal Limited within a record time period of 330 days and a capacity to re-gasify up to 600mmscfd.

The Prime Minister said PML (N) government does not believe in hollow slogans and completion of the second LNG terminal at port Qasim is a proof of that. He said the present government had been able to introduce this cheap source of energy in less than 14 months.

Earlier in August, an official at the Ministry of Petroleum and Natural Resources said that imports by the LNG Terminal 1 on Port Qasim fulfil 25 per cent of the national gas shortage.

He said the previous three governments made several attempts to introduce LNG source of energy but failed. The PM said the process of bidding for import of LNG was also completed transparently, which was also acknowledged by the global community.

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"We can not deal with the crisis without including natural gas in the system", he said. The PM appreciated the participation of private sector in overcoming the country's energy crisis.

Shahid Khaqan Abbasi said that industries were being provided gas without any interruption or suspension.

He said the new terminal has so far handled 100 LNG cargo ships with 6.1 million tons of LNG, Radio Pakistan reported.

He said the second terminal would start functioning in November this year followed by at least two other terminals in the private sector.


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