The Sui Southern Gas Co (SSGC) asked the seven short listed joint ventures companies to submit technical and financial proposals by September, this year for setting up its LNG Terminal project for the import of 3.5 Million Tons Per Annum (MTPA) of LNG at Port Qasim.
This was disclosed by the Managing Director of SSGC, Munawar Baseer Ahmed while talking to newsman on the sidelines of public hearing of company's petition on gas price reduction here on Wednesday.
He expressed the hope that first shipment would arrive in 2011-12 while shortfall in gas expected to crop up in 2009-10, that would be met through fast track LNG imports by specially built LNG vessels having de-gasification facility on board.
The gap starts to emerge in 2007-08 and builds up to 2100 MMCFD by 2015, as the current gas fields gradually go off plateau. The SSGC estimated that country's gas demand and supply projections indicate a widening gap of about 500 MMCFD by the year 2010.
SSGC is one of country's leading integrated gas utility companies with over customer base of 1.8 million in its franchise areas covering Sindh and Balochistan.
The seven short listed joint ventures companies to submit technical and financial proposals are AES Pakistan Ltd; BP Gas Marketing Ltd; Consortium of Fauji/Fotco/4Gas/Sojitz; ENI Pakistan Ltd; Mitsui/Kogas; Persian LNG and Shell Gas & Power have already been short listed as project developer for the LNG project.
Comments
Comments are closed.