KARACHI: Karachi Port Trust and Metro Gas (Pvt) Ltd have entered a memorandum of understanding for establishment of a ‘virtual pipeline system’ to disseminate LNG across the country.
The MoU was signed by KPT General Manager Rear Admiral Zakaur Rehman and Metro Gas CEO Owais Mir. The ceremony was also attended by KPT trustees and officials as well as members of the business community.
“KPT will allocate suitable berths for this purpose and arrangements are underway by Metro Gas (Pvt) Ltd for the transportation of ISO tanks to customers through road,” a statement issued by the company on Friday read.
The process involves transfer of LNG from ships to ISO tanks through a Mobile Filling Platform (MFP) and thereafter to their respective destinations. LNG Easy and Metrogas will re-gasify the LNG at end user premises and will also provide gas storage units.
“Metro Gas (Pvt) Ltd firmly believes the LNG Virtual Pipeline can be the driving force to unlock the LNG market in Pakistan by providing accessible and affordable energy to SMEs and the common man,” the statement read.