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May 16, 2018

Pakistan LNG seeks LNG cargoes as delayed power plants come online

Delays at three new power plants had caused the company to divert shipments earlier this year and pause spot imports of the super-chilled fuel.

Agencies

May 16, 2018

Pakistan LNG seeks LNG cargoes as delayed power plants come online

SINGAPORE/ISLAMABAD: Pakistan LNG Ltd, a subsidiary of state-owned Government Holdings, is seeking liquefied natural gas (LNG) cargoes after being absent from the spot market for four months, as long-delayed new power plants start to come online.

Delays at three new power plants had caused the company to divert shipments earlier this year and pause spot imports of the super-chilled fuel.

The new power plants, Haveli, Bhikki and Balloki, are "basically online", a senior Pakistan energy official told Reuters on Wednesday.

Haveli, a combined-cycle natural gas plant with a capacity of 1,230 megawatts (MW), has started operating at full capacity, according to local media. However, it was not clear if the other two plants are fully operational.

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