The FSRU, under construction at South Korea’s Samsung Heavy Industries (SHI), is scheduled to be delivered in the fourth quarter of 2016.
Iqbal Z Ahmed, chairman of PGPL, said: “This landmark project will reduce Pakistan’s gas deficit by 30%, ensure fuel for 3,600 megawatts of new power generation plants being constructed in Pakistan to reduce power outages by 80%, and save some $1.5bn in annual foreign-exchange savings.”
The project will be commissioned by 30 June 2017 at Port Qasim in Karachi, Pakistan.
Yngvil Asheim, managing director of BW LNG, said: “BW is a leading player in the LNG sector, and we will leverage on our many years of experience to support Pakistan as they build their second LNG terminal.”
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