fbpx 48307-001: Engro Fast-Track Liquefied Natural Gas Regasification Project | Asian Development Bank

Pakistan: Engro Fast-Track Liquefied Natural Gas Regasification Project

Nonsovereign (Private) Project | 48307-001 Status: Active

The project involves construction and operation of a fast track LNG regasification facility located at Port Qasim, Karachi. Project components include construction of a jetty and associated facilities, a 24-km high pressure gas pipeline, and lease of a Floating Storage and Regasification Unit (FSRU); the project location is alongside the existing Engro-Vopak LPG terminal.

Project Details

Project Officer
Mokroussov, Sergey Private Sector Operations Department Request for information
Country
  • Pakistan
Sector
  • Energy
 
Project Name Engro Fast-Track Liquefied Natural Gas Regasification Project
Project Number 48307-001
Borrower/Company ENGRO ELENGY TERMINAL PRIVATE LIMITED
Country Pakistan
Location
Type or Modality of Assistance
3247 Loan Ordinary capital resources USD 30.00 million Committed
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 Mokroussov, Sergey
Project Sponsor(s) ENGRO CORPORATION
Description The project involves construction and operation of a fast track LNG regasification facility located at Port Qasim, Karachi. Project components include construction of a jetty and associated facilities, a 24-km high pressure gas pipeline, and lease of a Floating Storage and Regasification Unit (FSRU); the project location is alongside the existing Engro-Vopak LPG terminal.
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.
Safeguard Categories
Environment A
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects The Project was classified as environment category A in accordance with ADB's Safeguard Policy Statement (2009). An Environmental Impact Assessment (EIA) Report was prepared to meet ADB requirements ana a _No Objection Certificate_ was issued by Sindh Environmental Protection Agency. Necessary permits. Licenses, and certificates have been acquired such as (i) Integrated Management (IMS) certification, (ii) International Ship and Port Facility Security (ISPS) certification, and (iii) Green Office Certification issued by WWF Pakistan. EETPL has engaged an independent monitoring consultant to conduct monthly sampling and testing of ambient air, stack emission, noise level, and wastewater quality and results indicated compliance with national legislated environmental standards. In partnership with International Union for Conservation of Nature, EETPL has implemented the Engro Elengy Mangroves Restoration Project to plant mangroves on 500 hectares in the designated area within Port Qasim. EETPL is compliant with applicable local, national and international laws and regulations on environmental protection, security, health and safety.
Involuntary Resettlement The Project was categorized as C for Involuntary Resettlement. No individual or household was physically or economically impacted by the Project.
Indigenous Peoples The Project was categorized as C for Indigenous Peoples. The Port Qasim Authority is located in a designated industrial zone, and its surrounding areas have no records of settlement by any ethnic groups that meet ADB's SPS (2009) criteria and could be considered as indigenous.
Stakeholder Communication, Participation, and Consultation Several consultations were conducted during preparation of the EIA. Common concerns of the stakeholders were the location of the port terminal and safety. Concerns were addressed and considered during project design, and studies were carried out to carefully consider the location of the terminal. A grievance redress mechanism is in place, and EETPL has supported several community projects through its corporate social responsibility (CSR) activities.
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 30 Oct 2020

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.

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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