Karachi Shipyard Offers to Build LNG Vessels for Import of Gas

Karachi Shipyard and Engineering Works (KSEW) has offered to build LNG carrying vessels and tugboats for the import of gas, reports Pakistan Today.

KSEW is the only shipyard and the oldest heavy engineering concern in Pakistan.

Port Qasim Authority (PQA) has sought financial assistance from the government for the purchase of tug boats and other ancillary works required for operational readiness of the port’s channel for handling LNG import, Pakistan Today reports citing sources.

Elengy Terminal Pakistan Limited (ETPL) had been declared successful bidder and Sui Southern Gas Company (SSGC) had initialed an LNG services agreement with the bidder on January 17.

Under the project, ETPL will handle a minimum of 200 million cubic feet of LNG per day (mmcfd) in the first year and 400 mmcfd in subsequent years for delivery to SSGC.

The contract will be for 15 years starting November this year.

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