Trafigura Sets Sights on FSRU for Pakistani LNG Imports

Business & Finance

Commodities trader Trafigura plans to develop a second liquefied natural gas (LNG) import terminal project in Pakistan, for which it would need to deploy a Floating Storage Regasification Unit (FSRU).

“We plan to develop a second LNG import, also at Port Qasim, with a jetty, berth, and a second FSRU,” a Trafigura spokesperson confirmed to World Maritime News.

Further details on the FSRU-related investment and project timeframe are yet to be disclosed.

Trafigura already has a minority stake in the regasification project which uses BW Group’s Integrity FSRU in Pakistan.

In August 2016, BW signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification services utilizing the new-build FSRU for the second Pakistan LNG terminal.

The FSRU was deployed to the PGPC Terminal at Port Qasim in Karachi, and is expected to more than double Pakistan’s LNG regasification capacity to over 1200 MMCFD.

World Maritime News Staff