LNG

Pakistan weighs options for third FSRU

Pakistan has just installed its second regasification vessel but is already looking ahead to its next FSRU Pakistan has just installed its second regasification vessel but is already looking ahead to its next FSRU.
By Verity Ratcliffe 22 November 2017 0 28489
Höegh FSRU vessel under way A Höegh FSRU. (Höegh)

Pakistan’s appetite for FSRUs would be enough to keep a supplier in business on its own. The country inaugurated its second vessel on Monday and is turning its attention to its third LNG import project. 

Unlike the previous projects, the government will not guarantee the offtake of gas from the third FSRU. Instead, private sector operators will be responsible for marketing the imported volumes. However, the ministry, Pakistani NOC Oil & Gas Development Co. (OGDCL) and several analysts are convinced the country will not struggle to...