The FSRU is co-owned with Nakilat, and is located at Port Qasim in Karachi. Currently, it meets up to 15% of Pakistan’s daily domestic requirements, and is recognised as the most utilised FSRU worldwide, consistently sending gas into Pakistan’s network at levels above its guaranteed capacity.
According to the statement, it has been stationed at Port Qasim since March 2015, under a 15-year lease with Engro Elengy Terminal. Recently, the vessel carried out its 250th ship-to-ship transfer of LNG in Pakistan – an industry record for the shortest amount of time to achieve this milestone.
Excelerate Managing Director, Steven Kobos said: “Excelerate is proud to stand at the intersection of US – Pakistan cooperation in the energy sector”, adding that the company looks forward to expanding the Exquisite’s LNG import capacity to meet Pakistan’s growing gas demand in cooperation with the Government of Pakistan and Engro.
The US Ambassador said: “It is very nice to see the great contribution being made by Engro and Excelerate Energy through LNG to uplift Pakistan by supplying cleaner and cheaper fuel to ensure homes and industries get the gas they need for day-to-day use and to fulfill industrial requirements.”
Among the distinguished guests, the Chairman of Port Qasim Authority, Rear Admiral (Retired) Syed Hasan Nasir Shah and the President of Engro, Ghias Khan were in attendance.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24092019/us-ambassador-to-pakistan-visits-the-exquisite-fsru/