Officials from Engro Corporation (“Engro”), Excelerate Energy (“Excelerate”), and the Government of Pakistan were present for the inauguration of Pakistan’s first LNG import terminal in Port Qasim. Located in a channel of the Indus River east of Karachi, the terminal is a result of a fast-track LNG import solution built to alleviate the energy shortage facing the country, and was brought into service 11 months from the start of construction. Utilizing Excelerate’s floating storage and regasification vessel (FSRU), the EXQUISITE, the facility has the capacity to deliver up to 690 MMcf/d of natural gas directly to Sui Southern Gas Company’s natural gas pipeline system.
As part of the commissioning process, EXQUISITE loaded its first LNG cargo in Ras Laffan, Qatar, on March 24, 2015. After arriving in Port Qasim on March 27, the terminal completed commissioning activities and regasification acceptance test in less than three days, allowing the EXQUISITE to enter commercial service by March 31, 2015.
“Our goal is to provide safe and reliable performance for our customers, while working to commission projects quickly to begin serving their energy needs as soon as possible,” stated Rob Bryngelson, President and CEO of Excelerate. “As the FSRU industry leader, our experience and expertise allow us to measure our commissioning timelines in days, not months.”
The LNG Terminal in Port Qasim is the ninth floating regasification terminal developed by Excelerate directly or in collaboration with its partners and customers. Engro and Excelerate’s successful collaboration to implement this critical infrastructure project in Pakistan exemplifies Excelerate’s partnership approach for the delivery of efficient, reliable, and cost effective floating regasification solutions around the world.
About Excelerate Energy®
Excelerate Energy L.P. is the pioneer and market leader in innovative floating LNG solutions. We provide integrated services along the entire LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to our customers. Excelerate offers a full range of floating regasification services, from FSRU to infrastructure development; we serve the upstream market through the development of floating liquefaction (FLNG) solutions; and our established trading and chartering team is active in the global market and provides access to LNG supply and market to both our downstream and upstream customers. Headquartered in The Woodlands, Texas, Excelerate has a presence in Buenos Aires, Dubai, London, Rio de Janeiro, and Singapore.