PM inaugurates country's first Liquefied Natural Gas terminal at Port Qasim
Shahid Khaqan Abbasi says previous three governments made several attempts to introduce LNG source of energy but failed.
Prime Minister Shahid Khaqan Abbasi has expressed the confidence the energy issues faced by the country would be resolved soon and loadshedding will be completely eliminated by November this year.
He was addressing the inaugural ceremony of the second LNG terminal at Port Qasim in Karachi on Sunday.
The Prime Minister said the inauguration of this terminal is a great success in the right direction.
He said the terminal has so far handled one hundred LNG cargo ships with 6.1 million tons of LNG.
Shahid Khaqan Abbasi said previous three governments made several attempts to introduce LNG source of energy but failed.
He said with capacity to inject 600 mmscfd RLNG in the system, the new terminal has emerged as the single largest gas source in Pakistan.
He said with the supply of RLNG, the country is saving about 1.5 billion dollars each year as compared to other expensive energy resources like diesel or furnace oil.
Shahid Khaqan Abbasi said the projects initiated by the government to overcome energy crisis in the country have started yielding positive results.
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 terminal will facilitate transporting LNG to power house for producing cheap energy.
Shahid Khaqan Abbasi said that functioning this terminal will be equally beneficial for industrial sector and the common man.
Earlier, the Prime Minister was briefed that the work on this project began in July 2016 and completed in a record period of one year.
He was further informed that the terminal will formally start functioning on 1st of November this year.
The terminal has a capacity to handle seven hundred fifty million standard cubic feet gas per day.
Our Karachi correspondent Altaf Pirzado reports that the terminal has been constructed by Pakistan Gas Port Consortium Limited in collaboration with the national and international private sector companies.
Meanwhile, addressing a ceremony hosted by Pakistan Gas Port Consortium in Karachi today, the Prime Minister said the government is committed to supply gas to every corner of the country.
He said the government wants to reduce dependence on oil for energy production in the country.