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'Now, if the LNG-based power plants are not run due to the economic merit order, the consumers would have to pay billions of rupees in capacity charges,' an official cautioned, adding that the capacity charges would be paid to the LNG terminal operators.
Tim Casey, senior vice president of LNG at Northstar, said the company plans to load fuel on the Polaris barge at the JAX LNG terminal.
The first includes new unloading facilities for LNG carriers with capacities ranging from 40,000 to 177,000 cubic meters; a 200,000-cubic-meter LNG storage tank with a maximum sendout capacity of up to 5 metric tons per annum (MTPA); two LNG truck loading bays; as well as provisions for a future LNG carrier loading system for vessel capacities ranging from 5,000 to 40,000 cubic meters.
Three South Korean shipbuilders - Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding and Marine Engineering - built the Q-Flex and Q-Max ships, which are under charter to Qatar gas to transport LNG to global markets, in the past.
The proposed Port Arthur LNG Phase 1 project is expected to include two liquefaction trains, up to three LNG storage tanks and associated facilities that should enable the export of approximately 11 Mtpa of LNG on a long-term basis.
Earlier this month, the US Department of Energy issued Port Arthur LNG's authorisation to export domestically produced natural gas to countries that do not have a free trade agreement with the US.
According to official documents available with Dawn, the investor has committed to set up navigational channel for the approach of exclusive LNG terminal (at Chann Wadoo) at its own cost and is also willing to install a multi-user pipeline and procure its own tugs.
Pakistan's demand for LNG could more than triple in the next three to five years, the chief executive of Pakistan LNG said last month, adding that Islamabad was expected to negotiate a few more long-term contracts to import LNG into the country.
Sources said that MoMA officials informed the ECC that future LNG terminal would await result of the scientific study as PQA identified above stated place without scientific study but now on the direction of MoMA, PQA is conducting study and is expected to be completed within six month.
(CNOOC) expects to start operating its liquefied natural gas (LNG) terminal by 2023.
This will benefit LNG projects with significant uncontracted volumes and those linked to gas spot prices.
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