Beijing: The Fourth Construction Co. Ltd (FCC) of China National ChemicalEngineering Group Corporation (CNCEC) has signed an EPCF contract with withDaewoo Gas to set up a new LNG terminal in Pakistan.
With a nameplate capacity of 2.5 million tons per annum (mtpa) of LNG, thisproject will consist of the ports, storage tanks, a distribution center andregas trains in the long run, China Economic Net reported.
The terminal will possibly be operated on the coast of Arabian Sea, southof Pakistan, according to Shahid Karim, CEO of Daewoo Gas.
“This terminal is for liquid sales with the adoption of Virtual PipelineSystem Technique,” said Zhou Hong, General Manager of CNCEC-FCC.
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Addressing the virtual signing ceremony, Karim said, “We hope that with thecommencement of this project Daewoo Gas will not only help meet the energyneeds of Pakistan, but also contribute towards upgrading of natural gasindustry in the country with its innovative technology.”
Upon completion, this terminal will handle 10,000 metric tons of LNG perday at its peak, which will improve Pakistan’s energy supply, according toDaewoo Gas.
