Excelerate Energy and Engro Elengy Terminal Agree to Expand Pakistan LNG Import Terminal
JANUARY 30, 2020
PORT QASIM, PAKISTAN – Excelerate Energy L.P. (Excelerate) and Engro Elengy Terminal Ltd. (EETL) have signed a Heads of Agreement (HOA) for the expansion of the EETL liquefied natural gas (LNG) import terminal located in Port Qasim, Pakistan. Under the agreement, Excelerate will exchange its existing floating storage and regasification unit (FSRU) Exquisite with a newbuild FSRU, Hull 2477, which is currently under construction at Daewoo Shipbuilding and Marine Engineering (DSME) shipyard. Hull 2477 will increase EETL’s send-out capability by more than 150 million standard cubic feet per day (MMscf/d) and increase its LNG storage capacity from 150,900 cubic meters to 173,400 cubic meters. Excelerate will take delivery of Hull 2477 in April of this year, and EETL projects beginning expanded operations in Pakistan before winter 2020.
“We are proud to partner with Engro and Vopak on this expansion to help meet the growing demand for natural gas in Pakistan. We continuously work with our customers to ensure our terminals adjust to the changing needs of their markets,” Excelerate Chief Commercial Officer Daniel Bustos said. “In the nearly five years of essentially non-stop operations in Pakistan, we have a proven track record of safe and reliable operations at peak performance.”
CEO of EETL Jahangir Piracha said that “Excelerate Energy has been an excellent partner who has made it possible for EETL to cater to such a high level of utilization of our regasification capacity. It is our trust in their operational excellence that we are now jointly undertaking the expansion of our terminal.”
The EETL terminal, Pakistan’s first floating LNG import terminal, began operations in March 2015. The terminal, which utilizes Excelerate’s FSRU Exquisite, has been delivering up to 690 MMcf/d of natural gas directly into Sui Southern Gas Company’ s natural gas pipeline system. The Exquisite currently fulfills as much as 15 percent of Pakistan’s domestic daily natural gas requirements and is recognized as the most utilized FSRU worldwide. EETL has imported over 275 LNG cargoes to date.
EETL is a joint venture between Engro Corporation and Royal Vopak of the Netherlands.
In September 2019, Excelerate and Maran Gas Maritime Inc. (MGM) signed a five-year bareboat charter agreement for Hull 2477. Excelerate has the option to purchase the FSRU at any time during the duration of the contract.
Ad blocker detected: Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.
[Pakistan] FSRU Exquisite
-
- Site Admin
- Posts: 3228
- Joined: Sat Aug 29, 2020 5:40 am
- Location: Singapore
- Contact:
Jump to
- OIL AND GAS
- OIL AND GAS INDUSTRY
- ↳ Financial Results
- ↳ Market News
- ↳ Energy Outlook
- ↳ Petroleum Economics and Energy Policy
- ↳ Health, Safety and Environment
- SHIPPING, PORTS & LOGISTICS
- ↳ Shipping
- ↳ Ports & Terminals
- OIL AND GAS UPSTREAM
- ↳ Seismic, G&G
- ↳ Exploration
- ↳ Drilling & Completion
- ↳ Field Development
- ↳ Subsea Construction & Engineering
- ↳ Decommissioning
- ↳ Field Enhanced Recovery
- ↳ Offshore Services
- OIL AND GAS MIDSTREAM
- ↳ Pipelines and Subsea Pipelines
- ↳ LNG Terminals
- ↳ Marketing & Trading
- OIL AND GAS DOWNSTREAM
- ↳ Petrochemicals and Refineries Plants
- ↳ Marketing & Distribution
- ↳ Marine Terminals
- ↳ LNG to Power
- OIL AND GAS PROJECTS & ASSETS
- ↳ North America
- ↳ Central America
- ↳ South America
- ↳ Barents Sea, Norwegian Sea and Russia
- ↳ North Sea
- ↳ West Africa
- ↳ East Africa
- ↳ North Africa, Mediterranean Sea, Black Sea and Caspian
- ↳ Middle East and the Persian/Arabian Gulf
- ↳ South Asia
- ↳ South East Asia
- ↳ Australia and New Zealand
- ↳ South China Sea
- ↳ East Asia
- OIL AND GAS TECHNOLOGY
- ↳ FPSO, FPU, FSO, FDPSO, FSRU, FLNG, Jack-Up, Drilling Rigs
- ↳ FPSO/FSO/FPU contracts
- ↳ Altera Infrastructure (Teekay Offshore)
- ↳ BW Offshore
- ↳ SBM Offshore
- ↳ MODEC
- ↳ Yinson
- ↳ Bumi Armada
- ↳ MISC Berhad
- ↳ Rubicon Offshore
- ↳ Samsung Heavy Industries
- ↳ Hanwha Ocean (fka. DSME)
- ↳ Sembcorp Marine
- ↳ Keppel Offshore & Marine
- ↳ Saipem
- ↳ Bluewater
- ↳ CIMC Raffles
- ↳ KSOE
- ↳ TechnipEnergies
- ↳ CNPC/CPOE
- ↳ MTC Group
- ↳ Drydocks World Dubai
- ↳ Omni Offshore
- ↳ Euronav
- ↳ STX Corporation
- ↳ Petrofac
- ↳ Maersk FPSO
- ↳ COSCO
- ↳ Estaleiros do Brasil Ltda
- ↳ EMAS Offshore
- ↳ COOEC
- ↳ Drilling Rigs Contracts
- ↳ Valaris
- ↳ Transocean
- ↳ Borr Drilling
- ↳ Diamond Offshore
- ↳ Maersk Drilling
- ↳ Seadrill
- ↳ COSL Drilling
- ↳ Noble Drilling
- ↳ ARO Drilling
- ↳ Stena Drilling
- ↳ Northern Drilling
- ↳ Awilco Drilling
- ↳ PV Drilling
- ↳ Odfjell Drilling
- ↳ Shelf Drilling
- ↳ Grupo R
- ↳ Japan Drilling Company
- ↳ Vantage Drilling
- ↳ Bluewhale Offshore
- ↳ Northern Offshore
- ↳ Dolphin Drilling
- ↳ Velesto Energy
- ↳ Türkiye Petrolleri Anonim Ortaklığı (TPAO)
- ↳ Jindall Drilling
- ↳ Northern Ocean
- ↳ Island Drilling
- ↳ Saipem
- ↳ CPOE
- ↳ GSP Offshore
- ↳ ADES
- ↳ Arabian Drilling
- ↳ ADNOC Drilling
- ↳ Ocyan SA
- ↳ OC Offshore
- ↳ Eldorado Drilling
- ↳ Support/Construction/Offshore Vessels
- ↳ DOF Subsea
- ↳ ALP
- ↳ Subsea 7
- ↳ MCDERMOTT
- ↳ POSH
- ↳ Prosafe
- ↳ Floatel
- ↳ Saipem
- ↳ Tidewater
- ↳ Boskalis
- ↳ Siem Offshore
- ↳ OOS International
- ↳ Maersk Supply Service
- ↳ Rig Designs
- ↳ FPSO Designs
- ↳ FLNG, FSRU, FCSU Designs
- ↳ MODEC
- ↳ Technip Energies
- ↳ JGC
- ↳ Sevan SSP
- ↳ GTT
- ↳ Samsung Heavy Industries
- ↳ Bumi Armada
- ↳ DSME
- ↳ Wison Offshore
- ↳ FLNG, FSRU contracts
- ↳ Golar LNG
- ↳ Höegh LNG
- ↳ Excelerate Energy
- ↳ BOTAŞ Petroleum Pipeline Corporation (BOTAS)
- ↳ Samsung Heavy Industries
- ↳ Saipem
- ↳ Sembcorp Marine
- ↳ BW LNG
- ↳ DSME
- ↳ Dynagas
- ↳ MOL
- ↳ Wison Offshore
- ↳ Energos Infrastructure
- ↳ Subsea Engineering
- ↳ Turrets and Moorings
- ↳ SOFEC
- ↳ Bluewater
- ↳ SBM Offshore
- ↳ NOV APL
- ↳ DELMAR
- ↳ Remazel Engineering
- ↳ Seasystems
- ↳ London Marine Consultants
- ↳ Havfram
- ↳ Drilling, Work-over and Intervention
- ↳ Drilling, Work Over, Intervention, and P&A contracts
- ↳ Helix Energy Solutions
- ↳ Drilling Equipment and System contracts
- ↳ Zero Carbon
- ↳ Process / Packages
- ↳ Digital Technology
- ↳ Other Technology
- ↳ EPCI
- ↳ Asset Lifecycle
- ↳ Marine
- OIL AND GAS JOBS
- ↳ Job Agent: Submit your CV!
- ↳ Offshore Production (FPSO, FSO, FPU, Offshore Platforms)
- ↳ Drilling (Oil Rigs, Land Rigs)
- ↳ EPC Project Management (Fabrication Yards)
- ↳ Petrochemicals and Refineries
- ↳ Tankers & Shipping
- ↳ Onshore
- OIL AND GAS LIFE
- ↳ Jobs & Careers - For a better future
- ↳ Learning Hub - All Technical Stuffs
- ↳ Global Citizen - The World is your Oyster
- ↳ North Sea Stories
- ↳ Offshore Norge
- ↳ Middle East Stories
- ↳ Brazil Stories
- ↳ South-East Asia Stories
- ↳ Drilling Rigs
- ↳ FPSOs
Who is online
Users browsing this forum: No registered users and 1 guest