KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
PGPL to build LNG Terminal
KARACHI: Pakistan GasPort Consortium Limited (PGPL) has emphasised that it will complete work on its second liquefied natural gas (LNG) terminal in December 2021.
At present, the company is operating one LNG terminal at Port Qasim, which has a capacity of handling 750 million cubic feet per day (mmcfd). PGPL is a subsidiary of the Associated Group.
In a meeting held this week to discuss the setting up of LNG terminals in Pakistan, the Associated Group chairman reaffirmed that the project would be completed by the end of next year. He added that the company would do so by seeking pipeline capacity while taking risk.
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