Fuel / NEWS UPDATE
U.S.-Backed Consortium Proposes $4.4 Billion LNG Terminal in Pakistan
Published · 1 min read
A U.S.-backed consortium, including Global Vision Energy Partners and Khanjee Holdings, proposes a $4.4 billion LNG terminal in Pakistan to address high gas import costs and disrupted Qatari supplies.
The project, supported by the Trump Administration, aims to import, store, and re-gasify LNG, with consent from the Port Qasim Authority and applications for a provisional license pending. Pakistan faces significant winter energy challenges due to Qatari force majeure and high spot market prices.