ISLAMABAD: Pakistan Prime Minister Shahid Khaqan Abbasi today inaugurated a second LNG terminal at a deep-water seaport in Karachi and hoped that the country would soon overcome the shortage of energy.
The Liquefied Natural Gas (LNG) terminal at Port Qasim, the second busiest in Pakistan after the Karachi Port, has been completed in a record 330 days.
Abbasai said the low-cost LNG is the answer to Pakistan's energy problems and will help the country save USD 1.5 billion annually.
"If you don't add more gas into the system, you cannot fight the energy crisis," he said.
He said the new terminal has so far handled 100 LNG cargo ships with 6.1 million tons of LNG, Radio Pakistan reported.
Abbasi said with a capacity to inject 600 mmscfd of LNG in the system, the terminal has emerged as the single largest gas source in Pakistan.
He said the terminal will facilitate transporting LNG to power houses for producing cost-efficient energy.
Abbasi has kept the portfolio of energy minister with himself and is trying to fulfill the government's promise that it would eliminate the shortage of gas and electricity by the end of its term in June next year.