Excelerate Energy said it is ready to supply its second FSRU to Pakistan following negotiations with the consortium of Engro, Fatima, and Shell over the last few months.
According to the company’s statement, the FSRU project will supply natural gas to Pakistan to help mitigate the supply shortfalls the country is currently facing.
The consortium’s project site is located across the Port Qasim channel and the country’s first LNG import terminal that Elengy installed early last year utilizing Excelerate’s floating regas technology.
When the project comes online in 2018, the total regasification capacity from Excelerate’s two FSRU’s at Port Qasim will be significantly over 1 Bcf a day which is enough natural gas to support over 6,000 MW of power generation.
The company noted that it has recently commissioned GASCO’s Ruwais Floating LNG terminal in the UAE, a project which was implemented in less than 12 months on a similarly aggressive delivery schedule to the consortium’s Pakistan project.