ISLAMABAD: Universal Gas Distribution Company (UGDC) Chief Executive Officer Ghiyas Abdullah Paracha has said that Pakistan’s first private liquefied natural gas (LNG) cargo would arrive at the country’s second LNG) import and regasification terminal, operated by Pakistan GasPort Consortium Limited (PGPC).
As per the CEO, “This terminal has less line losses and better efficiency, which will help us keep gas prices lower. The terminal is free from any conflict and the government has played its due role to maintain its status.”
Paracha said that the day of arrival of first ‘private’ LNG cargo ship would be a milestone in Pakistan’s energy and gas sector. “We are planning to play an important role in the country’s economic development through continuous supply of gas and lower tariffs.”