US Ambassador Paul W. Jones, Chargé d’Affaires a.i., has commended Engro and Excelerate Energy on achieving the world’s fastest 250 ship-to-ship (STS) transfers of LNG in Pakistan.
Ambassador Jones was welcomed by Engro Corporation President, Ghias Khan, when he visited Engro Elengy Terminal Ltd., accompanied by the US Consul General and Chairman Port Qasim Authority.
There, the Ambassador came aboard the country’s first floating storage and regasification unit (FSRU), brought to Pakistan in 2015 as part of the Engro Elengy terminal – a collaboration between Pakistan’s Engro and the US’ Excelerate Energy, and investment partners World Bank Group and Royal Vopak of the Netherlands.
Ambassador Jones was pleased, and remarked, “It is very nice to see the great contribution being made by Engro and Excelerate Energy through LNG to uplift Pakistan by supplying cleaner and cheaper fuel to ensure homes and industries get the gas they need for day-to-day use and to fulfil industrial requirements. I commend both companies on this incredible milestone of the world’s fastest 250 ship-to-ship transfers of LNG. Engro and US company Excelerate, together, have proven to be a robust US-Pakistan partnership.”
President of Engro, Ghias Khan, on the occasion, remarked, “We are happy to have Ambassador Jones visiting us today. Our American partner, Excelerate Energy, has played a pivotal role, which has made these milestones possible. Further, Royal Vopak, which is a 25-year old joint venture partner with Engro in another business, has extended their relationship to the LNG terminal. We consider the LNG projects in the country to be of great importance, with two terminals in the country and several more in the pipeline – the impact on Pakistan’s energy requirements is very positive while it has reduced Pakistan’s gas deficit by 50%.”