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    July 17, 2015

    Engro Elengy Carrying Out Pakistańs First Ship-to-Ship Transfer

    Karachi, July 17, 2015: On the eve of Eid, Engro Elengy Terminal received its first shipment of LNG through an LNG vessel. The vessel which was successfully berthed today by PQA in the afternoon by Port Qasim Operations alongside the FSRU in a double banking arrangement, will allow for a ship-to-ship transfer of the LNG cargo – a feat which will be performed in the country for the first time.

    The LNG vessel has brought in approximately 130,000 cubic metre of LNG which at current regasification rateof 325 mmscfd will discharge in approximately 8 days. Previously the FSRU was tasked to transport the LNG cargo itself and based on the successful tendering by PSO, this is the first of the 6 cargoes which will now deliver a continuous flow of gas in to the gas grid.

    Sheikh Imran ul Haque – CEO Engro Elengy Terminal Limited said: “Engro Elengy had earlier fulfilled its commitment by constructing all infrastructure facilities of the terminal earlier than committed and in a record time period anywhere in the world. The successful culmination of the ship-to-ship transfer for the first time in the country’s history is again a testament to Engro’s expertise in deploying world-class solutions against challenging circumstances. This also provides a strong signal to those who doubted the achievement of all stakeholders in creating another source of energy for Pakistan which has been in operation for only 110-days and is handling the 7 cargoes received to-date. Engro has and is committed to delivering on its promise of deploying an energy solution that will fuel economic growth plans of GOP and assist in alleviating energy shortage by 25%.”

    MP&NR strategy of spot cargo purchase with long term arrangements is starting to pay dividends and the number of suppliers interested in delivering LNG to Pakistan is increasing: a clear testament to quality of terminal built to international standards. EETL is working round the clock alongside SSGC throughout Eid holidays to ensure that Pakistan has more clean fuel and that the existing power generation capacity is utilized in an optimal manner.