The Oil and Gas Regulatory Authority (Ogra) on Wednesday gave a licence to Elengy Terminal Pakistan Limited (ETPL) – a subsidiary of Engro Corporation – to construct a terminal at Port Qasim (PQ) for landing and re-gasification of liquefied natural gas (LNG) to be imported from early next year.
The issuance of licence for construction and operation of the LNG terminal is one of the most critical stages towards import of about 500mmcfd (million cubic feet per day) LNG originally targeted for November 2014 by the PML-N government. The target has now been revised to April 2015.
The licence was issued after the Elengy Terminal Pakistan “fulfilled all requirements of Ogra’s LNG rules and LNH policy of the federal government”, an Ogra spokesman said. He confirmed that ETPL had also submitted separate “No Objection Certificates” (NOCs) from the Ministry of Defence and the Port Qasim Authority.
