Exxon Mobil, Shell among groups to build 5 Pakistan LNG terminals

The logo of a Shell gas station is pictured in Ulm, Germany. The firm has concluded that a Nigerian oilfield sale where it suspects an executive took bribes was not linked to a separate court case. (Reuters/File Photo)
Updated 20 September 2019

Exxon Mobil, Shell among groups to build 5 Pakistan LNG terminals

  • Terminals could be in operation within two to three years
  • Pakistan is chronically short of gas for power production and to supply manufacturers

ISLAMABAD: Pakistan has approved the construction of five liquefied natural gas (LNG) terminals by groups that include Exxon Mobil Corp. and Royal Dutch Shell, aiming to triple imports and ease the country’s chronic gas shortage.
The five terminals could be in operation within two to three years, Omar Ayub Khan, Pakistan’s minister of power and petroleum, said in an interview on Friday.
Pakistan is chronically short of gas for power production and to supply manufacturers such as fertilizer makers, hobbling the country’s economy.
“It will make a significant dent in the gas shortage,” Khan said.
The groups Pakistan selected to build terminals are: Tabeer Energy, a unit of Mitsubishi Corp; Exxon and Energas; Trafigura Group and Pakistan GasPort; Shell and Engro Corp. ; and Gunvor Group and Fatima.
The identities of the five groups were reported earlier by Bloomberg.


Government hopeful to avert opposition protest through dialogue

Updated 13 min 54 sec ago

Government hopeful to avert opposition protest through dialogue

  • Says it’s opposition’s right to protest, but the government won’t allow anyone to create chaos
  • Analysts maintain the JUI-F chief has acquired political relevance by mounting pressure on the government

ISLAMABAD: The government has started contacting opposition parties to dissuade them from launching a mass protest in the federal capital, said defense minister Pervez Khattak on Thursday.
“We have started negotiating with all opposition parties and hopefully [the effort] will yield positive results in the next couple of days,” he said in an informal chat with journalists in Islamabad.
The prime minister on Wednesday announced to form a committee led by Khattak to hold talks with the opposition factions, especially the Jamiat-e-Ulema-e-Islam (JUI-F) that has announced to start its “Azadi March” on October 27 and enter the federal capital on October 31 to dislodge the government.
JUI-F Chief Maulana Fazlur Rehman has been struggling to start an agitation against the government since the general elections in July last year wherein his party only managed to clinch a dozen seats in the National Assembly.
He has now received political support from other major opposition groups – the Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) – who accuse the government of deteriorating the country’s economy and victimizing opposition politicians by slamming them in jails on corruption charges.
“Pakistan is a democratic country and we want to resolve all issues of the opposition through dialogue,” the defense minister said, though he also warned the opposition parties against creating an environment of chaos and turmoil in the country.
“It is their [opposition’s] democratic right to protest, but if the opposition only wants to spread anarchy in the garb of agitation we won’t allow it,” Khattak added.
Meanwhile, the JUI-F has ruled out the possibility of talks with the government until the prime minister resigns from his position. “This is an illegitimate government, a product of rigged elections and we may talk to them only after the prime minister resigns,” Hafiz Hamdullah, senior JUI-F leader, told Arab News.
He said that “all preparations for the anti-government march are in place and no force can stop us now from marching toward Islamabad.”
Political analysts said the government’s engagement with the opposition parties to stop their protest at this stage would not yield result, but some differences over issues, such as transparency in elections and improvement in governance, can be worked out.
“Maulana Fazlur Rehman, who was reduced to a nobody after the last year’s elections, has succeeded in garnering political relevance through mounting pressure against the government,” Zahid Hussain, a political commentator, told Arab News.
He said the opposition parties would protest against the government as per plan, but “they will neither succeed in getting the prime minister’s resignation nor a new date for fresh polls in the country.”