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BW lands FSRU job in Pakistan

BW Group has inked a 15-year deal with Pakistan GasPort Limited (PGPL) to provide LNG regasification services using a newbuild FSRU for the second Pakistan LNG terminal.

Lee Hong Liang, Asia Correspondent

August 23, 2016

1 Min Read
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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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About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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