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Project Insights

Pakistan’s new LNG terminals gain traction

The country's decision to lower the barriers to entry for foreign players in its domestic gas market means that plans for at least two new LNG terminals can proceed The country's decision to lower the barriers to entry for foreign players in its domestic gas market means that plans for at least two new LNG terminals can proceed.
By Damon Evans 1 August 2019 Asia Pacific / LNG 0 34445
A BW Group FSRU vessel. (BW Group)

The key issue: Pakistan has approved plans to bring a third FSRU online after formalising regulatory changes that will allow private companies to sell gas and regasified LNG to consumers in the country. An FID for a fourth LNG project could be taken later this year.

Interfax analysis: Until recently, only state-owned companies in Pakistan were allowed to import LNG, access the national gas transmission system and sell their volumes to private buyers. 

But in late July, the country’s Oil & Gas Regulatory Authority confirmed that it...