Home »Top Stories » LNG terminal at Port Qasim: PM to be briefed in detail
The management of M/s Mitsubishi Corporation, establishing a Liquefied Natural Gas (LNG) project, is expected to meet Prime Minister Imran Khan later this month to apprise him about the project. Mitsubishi Corporation is setting up a 750 Million Cubic Feet (MMCFD) per day of LNG import and re-gasification.

According to the company''s SVP/ Chief Executive in Pakistan Kimihide Ando, Mitsubishi Corporation has been diligently pursuing to develop the integrated LNG project at Port Qasim, Karachi with primary objective to supply reliable and economically competitive RLNG to Pakistan.

In a letter to the prime minister, he stated that the company is confident that the project "will contribute to Pakistan''s energy security for decades to come and to this effect, Jun Nishizawa, Senior Vice President, Division COO, Energy Resources Division, who is heading the initiative, would express in person the degree of commitment and determination Mitsubishi Corporation holds in bringing the project to fruition." The company maintained that prime minister''s attention can provide a push to the project.

"I sincerely look forward to add the energy sector to our areas of collaboration furthermore strengthen the ties between the two nations. Your blessing on our initiative can support our forward surge in development," said Kimihide Ando in his letter. Presently, Pakistan has two LNG terminals with a combined re-gasification capacity of 1.2 Billion Cubic Feet per day.

Copyright Business Recorder, 2019


the author

I did graduation from the Government Murray College Sialkot and MSc in Psychology from the University of Punjab. I am in journalism since 1990. I worked in Daily Nawa-i-Waqt as sub editor and staff reporter in Daily Pakistan and Daily Din prior to joining Daily Business Recorder. I have been associated with this newspaper since 2000 as staff reporter. Energy Sector, Commerce / Trade and Industries are key areas of my interest. I have also the credit of exposing number of scams like Rental Power Plants (RPPs), LNG, sugar import, etc.

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