|Project Name||Engro Fast-Track Liquefied Natural Gas Regasification Project|
|Borrower/Company||ENGRO ELENGY TERMINAL PRIVATE LIMITED
|Type or Modality of Assistance||
|Strategic Agendas||Environmentally sustainable growth
Inclusive economic growth
|Drivers of Change||Partnerships
Private sector development
|Sector / Subsector||
Energy / Conventional energy generation
|Gender Equity and Mainstreaming||No gender elements|
|Responsible ADB Department||Private Sector Operations Department|
|Responsible ADB Division||Portfolio Management Division, PSOD|
|Responsible ADB Officer||Gulshan, Karan Raj|
|Project Sponsor(s)||ENGRO CORPORATION
|Objectives and Scope||The project will play a part in satisfying the growing domestic demand for hydrocarbons, and hence will help reduce the unmet energy demand in Pakistan. It's anticipated that the project will contribute to national energy security priorities and strengthening of the country's natural gas infrastructure. Therefore the project will further enhance the country's energy security by diversifying the energy base in an environmentally sustainable manner through import of a cleaner fuel.|
|Linkage to Country/Regional Strategy||The project is consistent with ADB's Strategy 2020 in relation to environmentally sustainable growth, investment in infrastructure, and private sector development. The project is aligned with Pakistan's Country Operations Business Plan (2014-16) specifically with regard to emphasis on expansion of energy access, environmental sustainability and catalyzing private sector investment. The project is fully consistent with the ADB Energy Policy (2009), under which support for energy sector investment for inclusive growth has been identified as a key priority.|
|Summary of Environmental and Social Aspects|
|Environmental Aspects||A comprehensive environmental and social due diligence will identify any existing or potential environmental and social impact, and then the final environmental and social categories will be proposed. The Project will have to comply with all national regulatory requirements related to environmental and social protection in Pakistan. An Environmental and Social Impact Assessment has been developed to comply with country requirements. In addition, audits have been undertaken of the existing project facilities. If ADB assistance is ultimately involved, the Project has to comply with all of ADB's environmental and social safeguard policies.|
|Involuntary Resettlement||The project will involve the construction and operation of a Liquefied Natural Gas (LNG) terminal in Port Qasim including a 24 kilometer branch pipepline to transport regasified LNG. About 21 kilometers of the pipeline is located within the PQA. No physical or economic displacement is expected to be caused by the project. This will be confirmed during the social due diligence including other social issues.|
|Indigenous Peoples||The project will be located in Port Qasim in Karachi, the second busiest port in Pakistan which is remote from populated areas. No Indigenous Peoples will be affected by the project.|
|Stakeholder Communication, Participation, and Consultation||Based on an extensive public outreach program, including public meetings, public hearings, and individual and group consultations, different stakeholders including the local communities are well informed of the project, its likely impacts and essential mitigation measures to ensure that these impacts are reduced or mitigated. A Community Engagement Management Plan was prepared outlining a range of consultation and community engagement activities during construction and operation phases of the project.|
|Timetable for assistance design, processing and implementation|
|Concept Clearance||21 Jul 2014|
|Credit Committee Meeting||12 Jan 2015|
|Approval||24 Feb 2015|
|Last PDS Update||04 Sep 2014|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
|Title||Document Type||Document Date|
|Engro Fast-Track Liquefied Natural Gas Regasification Project: Project Data Sheet (Urdu Translation)||Translated PDS||Apr 2015|
|Engro Fast-Track Liquefied Natural Gas Regasification Project: Report and Recommendation of the President||Reports and Recommendations of the President||Jan 2015|
|Engro Fast-Track Liquefied Natural Gas Regasification Project: Initial Poverty and Social Analysis||Initial Poverty and Social Analysis||Jan 2015|
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
|Title||Document Type||Document Date|
|Engro Fast Track LNG Regasification Project: Environment and Social Compliance Audit Report||Environment and Social Compliance Audit Reports||Jul 2014|
|Engro Fast Track LNG Regasification Project: Environmental Impact Assessment||Environmental Impact Assessments||Jul 2014|
Evaluation Documents See also: Independent Evaluation
None currently available.
None currently available.
The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
ADB to Help Fund Pakistan’s First LNG Regasification TerminalThe Asian Development Bank (ADB) has approved a $30 million project loan to Engro Elengy Terminal Private Limited, a special purpose company which will build Pakistan’s first liquefied natural gas (LNG) regasification terminal.