The commercial launch of the two terminals, being built by Tabeer and Energas, will double gas storage capacity of the country to 10 days compared to the existing capacity of five days. It is pertinent to mention that the government pays up to $272,000 per day to each of the two existing LNG terminals. However, the state will always have the option of gas import through the new terminals. CCOE allots capacity to LNG terminals“The government has facilitated the allocation of pipeline capacity firm offer to 2 upcoming (LNG import) terminals,” said Federal Minister of Energy Hammad Azhar on his official Twitter handle on Saturday. Tabeer and Energas had announced a few years ago that they would establish LNG terminals at Port Qasim in Karachi.

Source: The Express Tribune October 10, 2021 03:33 UTC