Engro Elengy LNG Terminal
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor and the Center for Media and Democracy. |
Sub-articles: |
Engro Elengy LNG Terminal is an LNG terminal in Sindh, Pakistan.
Contents
Location
The terminal is located in a channel of the Indus River east of Karachi.
Project Details
- Owner: Elengy Terminal Pakistan Limited
- Parent: Engro 56%; Royal Volpak 44%
- Location: Port Qasim, Karachi, Sindh, Pakistan
- Coordinates: 24.7907232, 67.3688752 (exact)
- Capacity: 3.8 mtpa[1]
- Status: Operating
- Type: Import
- Start Year: 2015
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
Port Qasim FLNG Terminal is an import LNG terminal in Sindh, Pakistan. The terminal was proposed in 2014 and was completed in 2015. It has unloading capacity of 690 MMcf/d.[2][3]
In July 2018 the Dutch company Royal Volpak acquired 29% ownership of the terminal for $38 million.[4] In November 2018 Royal Volpak increased its ownership share to 44%.[5]
Corruption allegations
In October 2018 two government ministers charged that the terminal had secured contracts at exorbitant rates and that the contracting process had not been transparent.[6] In July 2019 former Prime Minister Shahid Khaqan Abbasi was arrested for abuses of power while serving as Minister of Petroleum and Natural Resource Development. Abbasi was charged with conducting noncompetitive bidding processes in developing the Engro Elengy terminal and steering a no-bid contract to a law firm with which he had personal ties.[7]
Articles and resources
References
- ↑ 2019 World Gas Report International Gas Union, accessed August 2019
- ↑ Port Qasim FLNG Terminal, A Barrel Full, accessed April 2017
- ↑ Karen Thomas, "Quenching the Indian subcontinent’s thirst for LNG," LNG World Shipping, June 26, 2017.
- ↑ Dutch firm takes 29% stake in Engro’s Elengy Terminal for $38m, The Express Tribune, Jul. 21, 2018
- ↑ Vopak raises share in Pakistan LNG terminal to 44%, S&P Platts Global, Nov. 27, 2018
- ↑ LNG terminal operators hit back at govt allegations, Dawn, Oct. 20, 2018
- ↑ Shahid Abbasi nabbed in LNG terminal case, The News, Jul. 21, 2019