From Port Qasim News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Eight years on, the $2.5 billion gas pipeline from Port Qasim the centre of liquefied natural gas (LNG)import terminals to Lahore to meet the energy needs of industry upcountry remains in the air. The project justifies the feasibility of new upcoming LNG terminals to create gas transportation capacity from ports in the South to consumption centres in the North.
It should have been completed by 2017-18, according to original plans. However, the timelines to finalise the contractual agreements with Russia on a ‘strategic government-to-government’ basis have changed six times between 2015 and 2020. Yet, the authorities are now rethinking if Pakistan’s own entities Sui Southern and Sui Northern Gas Companies should develop the project on their own with limited external technical or financial support albeit even if with a lower capacity or to chip in UAE’s Mubadala a $250bn investment firm of the royal family. ....

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