Commodities trader Trafigura has outlined plans to build Pakistan’s second LNG import terminal. To be based in Port Qasim in Karachi, the terminal will include an FSRU, according to Reuters.
Trafigura already taken a minority stake in a separate Pakistani import project also at Port Qasim, while rival Gunvor has joined a consortium that also includes Shell looking to build a third terminal in the south Asian country.
Pakistan’s gas needs are viewed among the fastest growing in the coming years, alongside neighbour Bangladesh, a nation where Trafigura is also set to be involved in an LNG terminal.
