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  • China to build two RLNG terminals at Gwadar
    08-Nov-2016

    ISLAMABAD: In a major development, Pakistan has managed to get the two RLNG terminals deal at Gwadar done with China. With the change of the mode from built, own, operate and transfer (Boot) to engineering procurement construction-financing (EPC-F), the country will be exposed to a mammoth saving of one billion dollars in 25 years just in the head of tolling fee.   The RLNG terminals w ...
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  • TAPI gas pipeline consortium plans roadshows in November
    15-Oct-2016

    ISLAMABAD: A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official involved in the project said on Friday.   Originating at the giant Galkynysh gas field in Turkmenistan, the $10 billion TAPI (Turkmenistan, Afghanistan, Pakistan and India) pipe ...
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  • TAPI gas pipeline consortium plans investor roadshows in November
    14-Oct-2016

    A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official said on Friday.   Head of Pakistan's state-owned Inter State Gas Systems (ISGS) Mobin Saulat told Reuters there was “significant progress” with the TAPI project and that in ...
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  • Management consultants for TAPI being shortlisted today
    27-Aug-2016

    Islamabad - The partner countries of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project are meeting today (Saturday) in United Arab Emirates (UAE), which is also the main office of project, to shortlist the companies for the project management consultants, it was learnt reliably here.   The Interstate Gas System (ISGS) has received offer for the execution of Afghanistan po ...
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  • Pakistani gas company set to emerge as key player on world energy map
    14-Aug-2016

    ISLAMABAD: Inter State Gas Systems (ISGS), a company established by the government to work on gas import projects, is striving to secure energy resources to make Pakistan self-sufficient and it is expected to emerge as a key player on the world’s energy map after regional pipeline projects are executed. Pakistan is eyeing gas imports from countries holding vast deposits and has en ...
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ECC approves 700km LNG pipeline project

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Thursday approved construction of 700km Gwadar-Nawabshah pipeline to transport liquefied natural gas (LNG). The pipeline would also facilitate Iran-Pakistan pipeline project if international sanctions on Tehran go.

The meeting presided over by Finance Minister Ishaq Dar approved the Gwadar-Nawabshah LNG Terminal and Pipeline Project under which a 700km pipeline of 42-inch diameter would be laid along with two compressor stations.

The terminal will have the capacity to handle up to 500 million cubic feet per day (mmcfd) of gas.

Inter State Gas Systems (Pvt) Limited (ISGS) will be authorised to execute the project. The committee also directed the Ministry of Petroleum and Natural Resources to finalise the funding plan, preferably on a government-to-government basis; or build, operate and transfer; or build, own, operate basis.

According to Petroleum Minister Shahid Khaqan Abbasi, the government would lay the pipeline “as an alternate plan” in view of international sanctions working against Iran-Pakistan gas pipeline.

After the completion of Gwadar-to-Nawabshah pipeline, only about 70km of pipeline segment between Gwadar and Iranian border would be left which could be constructed immediately whenever international sanctions are lifted against Tehran.

He said this plan was commercially viable and Japan, Russia and China had taken keen interest to participate in this project.

The ISGS had been directed to complete tendering and agreement signing process within two months so that the pipeline was ready by November 2015.