U.S.-Backed Consortium Proposes $4.4 Billion LNG Terminal in Pakistan
A group of U.S. companies is proposing to build and operate a $4.4-billion LNG import and storage terminal in Pakistan, local media reported on Monday, as Pakistan faces high gas import costs with disrupted Qatari LNG flows. The companies,…
VOID Report: US-Backed Consortium Plans $4.4 Billion LNG Terminal in Pakistan
A consortium backed by US companies is planning to build and operate a liquefied natural gas (LNG) import and storage terminal in Pakistan, with an estimated cost of $4.4 billion. The proposal was reported by local media on Monday.
According to OilPrice.com, the terminal is intended to help alleviate Pakistan's high gas import costs, which have been impacted by disruptions to LNG flows from Qatar. The project would be developed and operated by a group of US companies.
The full details of the proposal, including the specific companies involved and the timeline for the project, have not been reported yet. It is also unclear what impact this project would have on Pakistan's energy sector.
Further information on the project's development and implementation is not available at this time. The proposal's progress and any updates on its status remain to be seen.
Written with AI by Noticiero VOID from facts reported by OilPrice.com. How we do it ·