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EETL intends to invest $500-600m to set up onshore LNG terminal
Dec. 18, 2021
Source: The National

EETL intends to invest $500-600m to set up onshore LNG terminal

ISLAMABAD - Engro Elengy Terminal Limited (EETL) intends to set up onshore LNG terminal with an estimated investment of $500 to 600 million. If approved, the project will be built in a phased approach on open access terminal concept, Ammar Shah, General Manager Engro LNG Terminal Limited said Friday. The onshore LNG terminal will offer regasification, bunkering and LNG trucking services, the EETL official said. Amid fast depleting local gas reserves, ‘strategically’ the onshore LNG terminal is much needed to ensure the country’s energy security, longevity of gas market in country and create a strategic national asset.

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