Re: Energy deal:Moscow to lend $2b for LNG pipeline
1100 km KHI to LHR LNG pipeline and LNG terminal at KHI will be build by Russian state company Rostec and is used by SNGPL (Sui-Northern System) to cater gas shortages in Punjab and NWFP mostly by CNG stations, 3600MW LNG Plants being installed in Punjab (Bhikki, Haveli Bahdur Shah & Baloki), DH Fertilihzer in Sheikupura, FFC in Goth Machi, RYK and other industries of Punjab & NWFP.
700 km Gwadar-Nawabshah LNG Pipeline will be built by China Petroleum Pipeline Bureau, a subsidiary of CNPC (China) is primarily for SSGPL (Sui-Southern) System for Sindh Industry,CNG stations,Engro Fertlizers Dharki plant etc. Once it will be completed, only requires 80 km of pipeline link to connect this 42’ Pipeline from Gwadar to Iran so by mid 2018, the same Gwadar-Nawabshah Pipeline will be converted into IP Line (Iran-Pakistan Pipeline).
QatarGas (QG) is the world biggest supplier of LNG considering most suitable for Pak due to least distance from Gwadar. Australia is another option coming up with mega LNG plants targetting mostly Asian markets (Japan,Korea,India etc).Brent Crude is constantly in downward spiral move so LNG proposed cost will be around $7.5/mmbtu