LNG is the only solution to Pakistan's energy crisis: PM Abbasi
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Inaugurating the second Liquefied Natural Gas (LNG) terminal at Karachi's Port Qasim on Sunday, Prime Minister Shahid Khaqan Abbasi said that LNG was the only solution to Pakistan's energy crisis.
"If you don't add more gas into the system, you cannot fight the energy crisis," he insisted, adding that other methods to produce energy are either too expensive or too slow.
Talking about the challenges faced during the project, the prime minister said that many people had questioned it [the project] when it started but "Port Qasim came through" and the terminal started functioning in less than 14 months "which is exemplary".
The premier further said that previous governments had made several attempts to introduce LNG as a source of energy in the country, "but only the PML-N government had succeeded in doing so".
The terminal was established by Engro Terminal Limited within a record time of 330 days and has the capacity to regasify up to 600 mmscfd. Applauding the services of private sector companies that worked on the terminal, Abbasi said that the project was a "real example of cooperation between private sector and the government".
Earlier in August, an official at the Ministry of Petroleum and Natural Resources said that imports by the LNG Terminal 1 on Port Qasim fulfil 25 per cent of the national gas shortage. The first terminal had received 102 shipments of LNG, the prime minister said today.
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Comments (42) Closed
Aug 27, 2017 04:27pm
Transparent deal is the only solution to our energy problems.
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Aug 27, 2017 04:32pm
I wish Pakistan will flourish day by day.love u Pakistan.
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Aug 27, 2017 04:37pm
what is the cost of LNG they are buying at
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Aug 27, 2017 04:39pm
Port qasim..really?
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Aug 27, 2017 04:43pm
Yes, I agree, transparent, honest deals without any personal interest is one of many ways forward to our current political, energy and social issues. This is only viable when we have honest, loyal and not corrupted politicians who are competent and capable of providing basic necessities like: education, health care, Justice, clean water and job opportunities to everyone.
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Aug 27, 2017 04:54pm
Once nation was told by PMLN that CNG is only solution. Today LPG and then tomorrow it would be else
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Aug 27, 2017 04:56pm
PM Abbasi we have no problem with LNG purchase to solve the countries problem.
But the contract has be negotiated honestly and transparency without corruption
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Aug 27, 2017 05:18pm
What happened to Solar?
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Aug 27, 2017 05:18pm
What happened to Coal plants?
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Aug 27, 2017 05:30pm
Well done gamechanger
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Aug 27, 2017 05:31pm
As many countries around the world ban vehicles using Diesel, expect someone in Pakistan to come up with a proposal to import more Diesel. Not because it will be cheaper (but ever so hazardous the environment and health) but because someone will stand to gain from lucrative import licenses. In Pakistan, profit trumps all other considerations.
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Aug 27, 2017 05:49pm
To get more commissions in imports, local gas fields at Karak, gas and oil fields near Mianwali, many others in Pakistan are not developed...this is against the national agenda.
Pirkoh and others in so many areas need more investment instead of importing LNG at extra cost, this is very poor policy.
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Aug 27, 2017 05:51pm
How about solar, wind, hydro, bio to name a few. Short sighted policies will fail us again.
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Aug 27, 2017 06:14pm
PM needs to state that LNG is one of the good solution for the Energy crises of the country and not the only solution for Energy crises. Actually among fossil Fuel gas is the best Fuel as high efficient energy of CCGT of 60 % efficiency is available with the half of CO2 emission compared to Oil firing and one third of Coal firing. The capital cost of CCGT plant is also 40 % less than Oil fired Power plant and 60 % less than Coal fired Power plant . The gas is a clean Fuel so maintenance cost will be lower. All these factor make the tariff low if there will be no corruption. It is worth mentioning here that for long term tariff Fuel cost is around 60 % of tariff. Pakistan have a good infrastructure of gas pipe line so to utilize this investment we need gas if our domestic gas will exhaust. Country needs to go on Energy mix solution, Hydel ( As Pakistan is blessed by water with Natural slope ), Solar as high DNI, Nuclear as posses enriched uranium, Coal only at mine mouth and last Oil.
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Aug 27, 2017 06:34pm
For the general people efficiency of GGCT plant operated on gas at ISO 60% plus now a days. Oil with supercritical technology 44 %, Coal with Supercritical technology 38%. If Fuel cost component has a high bearing in the tariff then definitely we have to go with CCGT plant, this needs gas and here is the importance of LNG. World is going to minimize environmental pollution as the temperature of globe is increasing. To select the high efficiency plant , a fuel of high calorific value and less content of carbon the emission of CO2 /KWh will reduce. For example with 60 % gas fired CCGT we can manage CO2 emission/KWh to a level of 350 gram, while in case of Oil fired Plant it is around 650gram /Kwh with modern available technology and with Coal it is around 850 gram/Kwh. Please note that CO2 is a major gas in Green house gases. China and USA are working hard to reduce CO2 emission and it is good News that that last year world CO2 emission remains constant although Economy grew.
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Aug 27, 2017 06:35pm
It is tranpsparency and fairness and justice which are the solutions to all problems Pakistan is currently facing.
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Aug 27, 2017 06:47pm
LNG may be the only solution for now but why can't the public know what they're paying for it and what the terms of the agreement are?
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Aug 27, 2017 09:27pm
LNG is literally the only thing he knows, so, you can see why he'd say that.
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Aug 27, 2017 09:37pm
Well said PM Abbasi, but please at lowest prices. As you know well people are well aware about prevailing international prices of LNG,,you may buy more but be costeffective and no expensive deals. Hope your policies will be beneficial to Pak people.
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Aug 27, 2017 09:51pm
LNG is the only solution as this deal would give the highest commission.
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Aug 27, 2017 09:58pm
yes it is the only solution, but with this rate of fuel, electricity and LNG Pakistan can not compete any market of the world
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Aug 27, 2017 10:57pm
Great work
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Aug 27, 2017 11:08pm
ENI has won international tender to supply LNG.
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Aug 28, 2017 01:00am
Off course you made the deal.
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Aug 28, 2017 01:29am
An energy expert created in a month!
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Aug 28, 2017 01:31am
Actually for any comment we need to remain impartial.The Gas of 600 MMCFD is a good amount of gas.It can generate around 4000MW if used in efficient plant of CCGT.It means it can produce around 20 % Of country electrcity at a cheap rate with minimum pollution.Pakistan needs to put the case of carbon credit if this gas will be use in Bikki, Haweelean and another CCGT plant.I am sure that emmision of CO2 per KWh will be less than 400 gram.In USA such type of plants get concession.This was the good step of GOP altough GOP punished people by puuting Sahiwal Coal plant,Quid e Azam solar with exorbitant tariff of PV solar technolgy and karachi Nuclear by puuting untested unproven large units at the mouth of life line city of country.The Network system frequency can not bear the surge of this unit tripping and total system will go in to country black out situation.God for bid if tusnami like situation have to face how you can evacuate thick population of city.In the last at least GOP added
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Aug 28, 2017 01:54am
Mr. Abbasi, there is another way and that is Iranian Gas, if you have courrage
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Aug 28, 2017 01:55am
LNG is indeed a positive move for the country, particularly since it can be used to produce reasonably priced electricity AND can be used to reduce/eliminate natural gas shortages. Although currently more costly than most domestic gas it is less costly than furnace oil to generate electricity and over time its higher price may serve to increase/promote more domestic gas exploration and production.
LNG should not be the only option pursued for the country's energy needs BUT significant development of LNG represents a very viable course both economically and environmentally. Of course certain long term commitments are necessary to obtain the funding to build facilities.
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Aug 28, 2017 01:55am
This is real effort to decrease effects of Pakistani energy crisis.
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Aug 28, 2017 02:37am
The world is going solar. Pakistan should seriously consider this option
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Aug 28, 2017 02:48am
Dear Prime Minister,
With due respect you are wrong, the long term and genuine solution lies, in making the utility companies accountable for UFG, honestly and genuinely work to obtain Gas from Iran, and obtain LNG at the market price, disperse it at market price, and let the Gas based industry sustain.
Thanks
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Aug 28, 2017 03:07am
Literally the whole world is changing the way they generate energy by converting to coal because it is the cheapest but Abbasi recons LNG
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Aug 28, 2017 03:34am
How about really discounting solar panels and making it attractive for individual home owners and businesses to deploy it. For example, start with all Federal Govt. offices/buildings to be run through solar energy since office are only open during the day-time. Individual homes can be afforded battery bank on govt. subsidized prices so more and more homes comes off the WAPDA dependency. That is the fastest way to ensure people get electricity.
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Aug 28, 2017 03:55am
The need of the hour is to satisfy our energy needs from our own resources and not imports because it costs $ which we are short of. More emphasis is needed in generating electricity, the cheap type. Pakistan is well placed to do so.
Wind farms and solar panels are fast tracks to this end. If we can produce nuclear war heads and complex delivery systems, we can surely make quite cheaply, solar panels and wind turbines. There is no excuse for not doing so.
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Aug 28, 2017 05:13am
A good step forward by PML
N leadership.
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Aug 28, 2017 05:46am
Rest of the world is going to renewable sources , gas is clean but only an interim solution. Think long term.
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Aug 28, 2017 06:26am
I think going Solar is better solution. And offcourse transparency.
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Aug 28, 2017 06:40am
PM forgot that LNG is not the only solution for energy crisis. Sun, wind, water, coal, oil, biofuel and nuclear are other sources of energy!!!
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Aug 28, 2017 08:56am
LNG? Of course Mr. Abbasi will push for it... for all obvious and dubious reasons.
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Aug 28, 2017 09:27am
I dont need to be educated to know this LNG business is fraud.
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Aug 28, 2017 02:15pm
It is highly appreciated to do ensure LNG to sustainable long term with the requirements.
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Aug 28, 2017 09:10pm
In Pakistan PPL ,OGDC and other foreign Companies doing Exploration at a very fast track. Let hope if the Local + Imported LNG mix full filles Pakistan Industrial requirement.
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