$4.4 Billion Proposal for LNG Terminal and Gas Pipeline Construction in Pakistan
Original headline44억달러 파키스탄 액화천연가스 터미널·가스관 건설 제안
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A US-led consortium has proposed building an LNG import and storage terminal plus an inland gas pipeline at Port Qasim, Pakistan, in a project valued at up to $4.4 billion, though the figure is not yet a confirmed investment commitment. According to Pakistani daily Dawn, the consortium — comprising Global Vision Energy Partners (GVEP), Khanjee Holdings, and General Mediterranean Holding — has received site consent from the Port Qasim Authority (PQA) and filed for a provisional license with the oil and gas regulator OGRA, with a special-purpose vehicle reportedly established for the project. The plan includes onshore storage tanks and is structured in two phases, with license issuance still pending and distinct from the application stage. The proposal signals renewed foreign interest in Pakistan's energy infrastructure amid its chronic gas shortages, but the deal remains at an early stage. Watch for OGRA's licensing decision, finalization of the investment amount, and progress on phase-one construction timelines.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Global Vision Energy Partners (GVEP), Pakistan, Port Qasim, General Mediterranean Holding, Khanjee Holdings