Trafigura lines up another Pakistani LNG terminal

Trafigura lines up another Pakistani LNG terminal

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.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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