The Sui Southern Gas Company (SSGC) has received 17 Expressions of Interest (EOIs) from different parties on its invitation for import of liquefied natural gas (LNG) under a 'third-party access regime'.
These LNG importers, which have submitted EoIs, include Pakistan Gasport Limited; Kapco; DSMER with PK Energy; Fotco with Vitol; Engro Corp Limited with EVTL; SAF Group of Companies with Global Maritime UK; Ocean Service Norway; Al-Yaseah Group Abu Dhabi; China National Petroleum; Corporation China; SAF Group of Karachi; LNG Energy Limited, Lahore; Shell Gas Power Development BV, Dubai (submitted one page only); Iran Liquefied Natural Gas Company, Iran with Khadim Ali Shah Bukhari (KASB) Investment Private Limited Pakistan; Trading Enterprise Pvt Limited Pakistan with Glencore Singapore (submitted two pages only); 4Gas Asia, Karachi with Mashal LNG Holding BV Holland (submitted 12 pages only); Granada Group of Companies; TTS Group ASA Zpro Energy, UK (no signature, received by E-mail); BW Fleet Management Norway with TTS Group (no signature, received by E-mail); NAT Gas International USA, (no signature, two pages only, received by E-mail); MTMKN Group, UAE (two pages only, received by E-mail) and GEI Pakistan Pvt Limited with Global Energy Infrastructure Ltd (Turkey) British Virgin Island.
According to press release issued by SSGC: Sui Southern Gas Company (SSGC) has received tremendous interest from local and international players in response to its recent invitation for the import of Liquefied Natural Gas (LNG) under Third Party Access, having received 17 'Expressions of Interest' (EoIs) for the allocation of capacity under its transmission system from leading companies interested in developing their own LNG Floating Storage and Re-gasification Unit (FSRU), arrange their own supply of LNG and having their own buyers of re-gasified LNG (RLNG).
The 17 Companies which submitted their EoIs are Shell Gas and Power Developments B.V, 4Gas Asia, Granada Group of Companies, NatGas, BW Fleet Management AS, MTMKN Group, Global Energy Infrastructure Limited, Pakistan Gasport Limited, Kot Addu Power Company Limited, PK Energy, Vitol, Engro Corp Limited, SAF International, LNG Energy Limited, Iran Liquefied Gas Company, Trading Enterprises (Pvt) Limited and Xpro Energy Limited.
The primary objective behind inviting the EoIs through a print advertisement published on May 24, 2011, was to ascertain the number of parties interested in setting up LNG terminals and their state of preparedness so that SSGC can accordingly plan to modify and augment its system to help provide entry and exit points to the LNG terminal operators as well as the intended volume they can transport through the Company's system. The advertisement was the first logical step in encouraging interested parties to expedite setting up of LNG Terminals so that the imported gas is made available at the earliest in order to meet the growing shortage of gas to Pakistan's industrial and commercial customers.
The Ministry of Petroleum and Natural Resources, led by Federal Minister Dr Asim Hussain, is determined to bridge the widening demand and supply gap on a fast track basis through LNG import.
It must be mentioned that both SSGC and SNGPL are licensees of OGRA and therefore operate under the OGRA Ordinance, which will provide for the 'common carriage' and 'open access' facilities to parties interested in transporting gas through the system of both the Sui Companies on a non-discriminatory basis. SSGC, therefore, maintains that Third Party Access will be in accordance and within the provisions of OGRA Ordinance and Rules. The EOIs will be evaluated in a transparent and non-discriminatory manner and on the basis of the criteria and terms and conditions listed down in the advertisement. SSGC will shortly be requesting the interested parties to make presentations to establish their credibility, interest and capability for importing LNG on fast-track basis.
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