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    Engro’s FSRU to Reach Pakistan by March 10

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Summary

Engro’s FSRU is ready to leave for Pakistan on March 7 from Dubai, Pakistani newspaper The News reported Sunday quoting a company offcial.

by: shardul

Posted in:

Asia/Oceania

Engro’s FSRU to Reach Pakistan by March 10

Engro’s FSRU is ready to leave for Pakistan on March 7 from Dubai, Pakistani newspaper The News reported Sunday quoting a company offcial.

“We have given March 7, the date to leave Dubai for Pakistan and expect a green signal from the concerned authorities to bring FSRU vessel to Pakistan,” Engro Elengy’s chief executive officer, Shiekh Imranul Haque told in a media briefing.

Engro Elengy’s LNG terminal at Port Qasim would be ready to receive shipments from March 10 onwards.

“We are ready,” Haque said, adding “the vessel would start operation the moment it gets green signal from the concerned authorities of the government.”

Haque said his company has fulfilled its commitment by constructing all infrastructure facilities in record 300 days, The News reported.

Haque said concerned authorities are yet to announce a firm agreement with any LNG supplier.

According to the newspaper, Elengy, a subsidiary of Engro, is dealing the project, which has a total cost of $133.3 million.

Engro financed construction of jetty, a 24-kilometre long pipeline, and got the lease of FSRU on its own.