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Trafigura to develop second Pakistan LNG import project

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LNG Industry,

Reuters are reporting that Swiss commodity trader Trafigura plans to develop its second LNG import terminal in Pakistan, alongside an existing project in which it has a minority stake.

At an inauguration ceremony for Pakistan’s second LNG import project, Pakistan GasPort Ltd (PGPL), in Port Qasim in Karachi, the trader said it would add a jetty, berth and a second FSRU to the existing facility.

Trafigura expects to benefit from lower development costs by taking advantage of existing infrastructure at the site. The joint venture with PGPL will sell gas to private sector customers.

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