Oil Terminal at Gwadar

Oil Terminal at Gwadar

Energy Task Force of Planning Commission decided to establish oil terminal worth over Rs 2 billion at proposed Gwadar Oil City and has set a deadline for finalising the agreement for setting up of LNG Terminal at Port Qasim by April 15, 2008, sources told the Daily Times on Wednesday.

The Task Force while reviewing the CNG sector situation recommended discouraging new applications for setting up of CNG stations and directed the authorities concerned to ensure the gas availability to the operational CNG stations across the country. Sources said that Task Force backed the idea that new CNG stations should not be set up during the gas deficit scenario.

The Task Force headed by Deputy Chairman Planning Commission Dr Akram Sheikh met here to review the energy conservation situation. Secretary water and Power Ismail Qureshi, secretary Petroleum Farrukh Qayum and other concerned officials, attended the meeting.

Sources said that The Task Force also directed ENERCON to expedite the process of introducing CNG busses so that the dependence on the use of diesel could be reduced. Task Force said that use of cars should be discouraged and buses should be introduced to save energy.

Task Force also said that the Water and Power Development Authority (WAPDA) in consultation with power distribution companies should expedite the process of delivering the energy savers bulbs among the consumers to save energy.

The meeting was informed that the WAPDA will distribute 10 million energy savers to its consumers, free of cost, as part of government conservation policy. WAPDA was directed to complete the work for provision of 10 million energy savers to consumers.

Task Force showed concern over the delay of agreement for setting up the Engro’s LNG terminal project with Port Qasim Authority and directed the authority to finalise the agreement by April 15, 2008 .It is expected that the Terminal will be completed in early 2009. The LNG terminal will be set up by The Engro Vopak Terminal Ltd (EVTL) that is already owns and operates a modern liquid chemicals and LPG terminal at the Port Bin Qasim.