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MoPNR – Gwadar Port LNG Terminal – Balochistan - Project Profile

  • Published Date: 30 Sep 2017
  • Number of Pages: 8
  • Category: Construction
  • Country: Pakistan

Synopsis


"MoPNR Gwadar Port LNG Terminal Balochistan - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MoPNR Gwadar Port LNG Terminal Balochistan - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


The Ministry of Petroleum & Natural Resources, Pakistan (MoPNR) is planning to build an LNG terminal in Gwadar Port, Balochistan, Pakistan.

The project involves the construction of an LNG terminal with a storage capacity of 17 million m3 of gas per day. It includes the construction of storage tanks, a control room, pumping stations and related infrastructure, the installation of safety systems and equipment.

On November 25, 2014, MoPNR and Government of China entered into an agreement with the hope that the project will be completed at the cost of US$$250 to US$300 million.

The project will be implemented through a Government-to-Government arrangement and is part of the US$45 billion agreement signed between the Government of Pakistan and Government of China for the development of energy-related infrastructure projects.

Subsequently, initial approval was taken by Central Development Working Party (CDWP), but the project was not approved by Planning Commission.

MoPNR moved a summary to the Economic Coordination Committee (ECC), requesting to expedite the project and issue directions to the EAD to arrange loans for the project. Later, the ECC was approved.

In December 2014, MoPNR has appointed China Petroleum Pipeline Bureau (CPPB), a wholly owned subsidiary company of China National Petroleum Corporation (CNPC) as EPC contractor for the project, through an open competitive bidding process.

In May 2016, CPPB asked MoPNR to apply for the loan, but the process faced delays as the Government of Pakistan (GOP) wants to have the initial approval from the Planning Commission.

CPPB is set to provide 85% financing under the government-to-government deal to implement the project. The Ministry of Finance is showing delay to release the remaining amount.

Subsequently, Initial approval for the project was approved by the CDWP of the Planning Commission and the project has been sent to the Executive Committee of National Economic Council (ECNEC) for formal approval.

In April 2017, planning commission has opposed the leasing option for the project.

Scope


The project involves the construction of a liquefied natural gas (LNG) terminal with a storage capacity of 17 million m3 per day at Gwadar Port in Pakistan.

The US$250 million project includes the following:

1. Construction of storage tanks

2. Construction of a control room

3. Construction of related infrastructure

4. Installation of equipment

5. Installation of safety systems

Reasons To Buy


Gain insight into the project.

Monitor the latest project developments.

Identify key project contacts.

Publisher Name : Timetric

1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix



Synopsis MoPNR Gwadar Port LNG Terminal Balochistan - Project Profile contains information on the scope of the project including project overview and location. The profile also details project ownership

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