Karachi: Engro Vopak Terminal Limited (EVTL) and Port Qasim Authority (PQA) have renewed their Implementation Agreement, solidifying EVTL’s role as the operator of Pakistan’s sole integrated bulk liquid chemical and LPG terminal. This renewal continues a partnership that has significantly contributed to national infrastructure, providing substantial economic savings and supporting multiple industry sectors.

According to Port Qasim Authority, the collaboration with Engro Corporation and Royal Vopak, the world’s largest independent terminal operator, underscores confidence in Pakistan’s economic landscape. The terminal handles a majority of the country’s bulk liquid chemical and LPG marine imports, vital to sectors such as agriculture and energy. The partnership, based on global safety and operational standards, is set to attract further foreign investment, including a planned USD 200 million for new LPG infrastructure.

The agreement, non-exclusive and reached through a transparent process, aligns with international practices of ensuring operational continuity for critical infrastructure. This extension reflects a commitment to supporting Pakistan’s industrial economy and supply chain security. Syed Ammar Shah, CEO of EVTL, emphasized the terminal’s role in national development and expressed gratitude to the government and stakeholders for their collaborative efforts in facilitating this agreement.