Pakistan LNG Ltd (PLL) has signed a supply deal with K-Electric to provide liquefied natural gas (LNG) to K-Electric’s plants from 2021.
According to the details revealed on twitter PLL will supply up to 150 million cubic feet per day (mmcfd) of gas to KE’s 900-megawatt project which will have two units. Unit 1 and Unit 2 are expected to be commissioned in March 2021 and November 2021, respectively.
In the last fiscal year to June 2019, local gas supplies lagged demand by 1,440 mmcfd and the gap is likely to widen to 3,684 mmcfd by 2024-25 and 5,389 mmcfd by 2029-30.
Pakistan has a 15-year LNG purchase deal with Qatar to annually buy 3.75 million tonnes of LNG for 15 years to 2030, but it regularly taps the spot market. It also has a five-year import deal with commodity trader Gunvor and a 15-year agreement with Eni.
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