Khaleej Times Online - UAE news, Jobs in Dubai, Classified, Used cars, Bank Rates, Gold rates, Forex, Travel info, Dubai property
NEWS
ONLINE EXCLUSIVE

Khaleej Times Online >> News >> BUSINESS
Dana Gas plans offshore LNG plant in Pakistan
Bloomberg

25 February 2008


DUBAI — Dana Gas PJSC, a United Arab Emirates-based energy distribution company, may build an offshore gas processing plant in Pakistan to help meet the country's power demands, a company spokesman said.

The U.A.E. energy company intends to be the top investor in a floating storage re-gasification terminal that is being planned in Port Qasim in Karachi, said the Dana Gas spokesman, who asked not to be identified by name.

The terminal, designed by Single Buoy Moorings, Inc, will process liquefied natural gas for sale to Pakistani power suppliers to meet a gas shortage of about 1 billion cubic feet a day, he said.

Dana Gas expects to reach agreements with customers in Pakistan in the next six months, and is in discussions with regional suppliers of LNG.



Print this article Print this page AddThis Social Bookmark Button Send this page to a friend Email this article

Related News

Mohammed Issues Decrees Reorganising State Firms
IMF’s Lipsky Sees Sluggish Recovery
Saudi Set for Asia Crude Benchmark
Punjab Opens Up for ‘Global Investment’
Global Recovery will be Patchy in 2010; Asia and ME to Lead Growth
Emaar India Unit Plans to Sell Shares: Alabbar
Click here More News

Top   


Subscribe | Write to Us | About Us | Advertise |
Copyright © 2009 Khaleej Times All Rights Reserved.