The government has prepared a plan to import LNG under $490 million short, medium and long-term projects, it was learnt. The document available with Business Recorder reveals that LNG import projects are expected to be implemented within the next two to three years with the objective of enabling the country to import 1.7mmcfd LNG to alleviate the gas crisis in the country.
The government intends to import 200mmcfd gas through a fast track Engro terminal Project in the next six to eight months at a cost of $30 million to $40 million. The Engro Vopak Terminal Limited (EVTL) would provide the project cost. The project activities include retrofitting of existing Engro LPG terminal, provision of Floating Storage and Re-gasification Unit (FSRU), dredging and laying of 8 kilometres pipeline from terminal to SSGC receiving point. The EVTL will be the terminal operator under a tolling arrangement.
A fixed per mmbtu tolling fee and annual throughput guarantee will be negotiated. The timeline for completion of the project is six to eight months from award of contract. The supply will be intermittent and twice a month for 5-6 days each of 200 mmcfd LNG each day. The ship movement and night navigation issues would be resolved with Port Qasim Authority. The plan also envisages import of 500mmcfd LNG through SSGC LPG Retrofit Project within the next 18 to 22 months.
The project developer would be selected by SSGC through a competitive tendering process. The project activities involve construction of LNG terminal adjacent to existing SSGC LPG terminal, provision of Floating Storage Unit (FSU), re-gasification at barge, dredging and laying of 25 kms pipeline from terminal to SSGC receiving point.
The financing cost of the project $175 million to $200 million would be provided by the successful bidder. The successful bidder will be the terminal operator under a tolling arrangement. A fixed per mmbtu tolling fee and annual throughput guarantee will be as per the project developer''s bid. The project completion time would be 18-22 months from award of contract.
The project constraints were identified with only one bidder declared technically qualified. Single bid award is allowed under PPRA Rules; however, prior to award, SSGC will be asked to get clearance from PPRA. Licensing from Oil and Gas Regulatory Authority and ship movement and night navigation issues would be resolved with Port Qasim Authority.
The new LNG Terminal Project would be set up to handle 500 to 1,000mmcfd within the next 24 to 30 months. The project developer would be selected through a competitive bidding process. The project activities would include construction of LNG terminal, provision of Floating Storage and Re-gasification Unit (FSRU), dredging, and laying of approximately 40kms pipeline from terminal to SSGC receiving point
Financing of the project is estimated at $200 million to $250 million and would be provided by the successful bidder. The successful bidder will be the terminal operator under a tolling arrangement. A fixed per mmbtu tolling fee and annual throughput guarantee will be as per the project developer''s bid. The completion timeline of the project is 24-30 months from award of contract. The constraints of the project would include: (i) approval and bid process will require at least 4 months; (ii) licensing from Oil and Gas Regulatory Authority; (iii) ship movement and night navigation issues to be resolved with Port Qasim Authority.
http://www.brecorder.com/fuel-a-energy/193/1228531/
To help tackle the gas shortages, the government will facilitate the import of LNG and through pipelines and limit further expansion of the gas distribution networks for domestic consumption. The government will also accelerate new investment in existing fields, which is projected to increase supply by some 7.0 percent by end-December 2013.
The government intends to import 200mmcfd gas through a fast track Engro terminal Project in the next six to eight months at a cost of $30 million to $40 million. The Engro Vopak Terminal Limited (EVTL) would provide the project cost. The project activities include retrofitting of existing Engro LPG terminal, provision of Floating Storage and Re-gasification Unit (FSRU), dredging and laying of 8 kilometres pipeline from terminal to SSGC receiving point. The EVTL will be the terminal operator under a tolling arrangement.
A fixed per mmbtu tolling fee and annual throughput guarantee will be negotiated. The timeline for completion of the project is six to eight months from award of contract. The supply will be intermittent and twice a month for 5-6 days each of 200 mmcfd LNG each day. The ship movement and night navigation issues would be resolved with Port Qasim Authority. The plan also envisages import of 500mmcfd LNG through SSGC LPG Retrofit Project within the next 18 to 22 months.
The project developer would be selected by SSGC through a competitive tendering process. The project activities involve construction of LNG terminal adjacent to existing SSGC LPG terminal, provision of Floating Storage Unit (FSU), re-gasification at barge, dredging and laying of 25 kms pipeline from terminal to SSGC receiving point.
The financing cost of the project $175 million to $200 million would be provided by the successful bidder. The successful bidder will be the terminal operator under a tolling arrangement. A fixed per mmbtu tolling fee and annual throughput guarantee will be as per the project developer''s bid. The project completion time would be 18-22 months from award of contract.
The project constraints were identified with only one bidder declared technically qualified. Single bid award is allowed under PPRA Rules; however, prior to award, SSGC will be asked to get clearance from PPRA. Licensing from Oil and Gas Regulatory Authority and ship movement and night navigation issues would be resolved with Port Qasim Authority.
The new LNG Terminal Project would be set up to handle 500 to 1,000mmcfd within the next 24 to 30 months. The project developer would be selected through a competitive bidding process. The project activities would include construction of LNG terminal, provision of Floating Storage and Re-gasification Unit (FSRU), dredging, and laying of approximately 40kms pipeline from terminal to SSGC receiving point
Financing of the project is estimated at $200 million to $250 million and would be provided by the successful bidder. The successful bidder will be the terminal operator under a tolling arrangement. A fixed per mmbtu tolling fee and annual throughput guarantee will be as per the project developer''s bid. The completion timeline of the project is 24-30 months from award of contract. The constraints of the project would include: (i) approval and bid process will require at least 4 months; (ii) licensing from Oil and Gas Regulatory Authority; (iii) ship movement and night navigation issues to be resolved with Port Qasim Authority.
http://www.brecorder.com/fuel-a-energy/193/1228531/
To help tackle the gas shortages, the government will facilitate the import of LNG and through pipelines and limit further expansion of the gas distribution networks for domestic consumption. The government will also accelerate new investment in existing fields, which is projected to increase supply by some 7.0 percent by end-December 2013.
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