LNG (Two LNG terminals being set up to overcome energy shortage: Miftah)

March 4, 2016 Off By Web Desk

Islamabad: Chairman Board of Investment Dr Miftah Ismail has said two Liquefied Natural Gas terminals are being set up in the country and gas from these terminals would be provided to power sector for enhancing electricity generation capacity.

In an interview, he said that Turkmenistan-Afghanistan-Pakistan-India gas pipeline project would help Pakistan in overcoming its energy shortage.

Miftah Ismail said Pakistan would get more than 750 mmcf gas daily through the project and will increase its shares with more investment in the project in future.

He said Pakistan would get 35 percent gas from TAPI Pipeline with an initial investment of five per cent.

The Chairman said gas supply from TAPI project would be provided to all sectors including power, industrial and domestic.

Replying to a question regarding security of the pipeline, he said a monitoring system of modern technology would be used.