Third LNG terminal to be operational next year: Hammad

Islamabad, February 05, 2022 (PPI-OT):Minister for Energy Hammad Azhar has said two Liquefied Natural Gas terminals are currently operating to meet the ever-growing energy needs of consumers, hoping that the third facility would be functional in the country by next year.

In an interview with Bloomberg, he said Qatar is keen to invest in establishing an import LNG facility in Pakistan. He said the government is looking into setting up its own import facility by converting a portion of a state-owned liquefied petroleum gas terminal.

The Minister for Energy said Pakistan is pursuing a strategy for investment in oil and gas sector, under its ease-of-doing-business-plan, for active participation of private entrepreneurs to meet increasing demand for energy in the country. Hammad Azhar said the government is making legislation to expand access to foreign supplies to users representing about 70 per cent of winter demand.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

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