ISLAMABAD, Pakistan: The Ministry of Petroleum and Natural Resources is confident to complete the 700-kilomtre Gwadar-Nawabshah gas pipeline and Liquefied Natural Gas (LNG) terminal projects within the given schedule – December 2017.
“The projects will hopefully be completed by December 2017 with the financial assistance of China,” the official sources told the state-run news agency in Islamabad.
The 42-inch diameter pipeline would be laid along with two compressor stations while the terminal at Gwadar would have the capacity to handle up to 500 million cubic feet per day (mmcfd) of gas, the official sources said.
The official sources informed that the $1.5 billion project was being executed on build-operate-transfer (BOT) basis, adding that the pipeline would pass through Pasni, Ormara and Hingol before reaching Nawabshah.
In the next phase, the pipeline would be extended upto Lahore at a cost of $ two billion, they said.
