Pakistan : Gas Storage Development Systems
The knowledge and support technical assistance (TA) will (i) analyze and recommend gas storage modalities and options across Pakistan based on the safety, reliability, cost, and effect on amenities as prime considerations; (ii) propose a policy, legal, and regulatory framework to develop, operate, and maintain gas storage facilities following international best practice; and (iii) provide advisory services on a transaction model, financial structure, and development road map for the first gas storage facility in the country. The findings will assist the Government of Pakistan to design and approve optimal storage options (underground or overground) across multiple locations, a capital and ownership structure and road map for each option, and adjustments to the hydrocarbon legal and regulatory framework.
Project Details
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Project Officer
Santiago, Catherine B.
Sectors Group
Request for information -
Country/Economy
Pakistan -
Sector
- Energy
Project Name | Gas Storage Development Systems | ||||
Project Number | 55170-002 | ||||
Country / Economy | Pakistan |
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Project Status | Active | ||||
Project Type / Modality of Assistance | Technical Assistance |
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Source of Funding / Amount |
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Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP6: Strengthening governance and institutional capacity OP7: Fostering regional cooperation and integration |
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Sector / Subsector | Energy / Energy sector development and institutional reform |
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Gender | Some gender elements | ||||
Description | The knowledge and support technical assistance (TA) will (i) analyze and recommend gas storage modalities and options across Pakistan based on the safety, reliability, cost, and effect on amenities as prime considerations; (ii) propose a policy, legal, and regulatory framework to develop, operate, and maintain gas storage facilities following international best practice; and (iii) provide advisory services on a transaction model, financial structure, and development road map for the first gas storage facility in the country. The findings will assist the Government of Pakistan to design and approve optimal storage options (underground or overground) across multiple locations, a capital and ownership structure and road map for each option, and adjustments to the hydrocarbon legal and regulatory framework. | ||||
Project Rationale and Linkage to Country/Regional Strategy | The TA supports the recommendation of the government's integrated energy plan to deregulate the gas value chain and encourage private sector participation. The government does not intend to offer any sovereign guarantees, capacity charges, or offtake commitments for future LNG terminals and storage; hence, operators would arrange their own buyers, as well as third-party access to pipeline capacity. The TA is linked to the operational priorities of ADB's Strategy 2030: (i) addressing remaining poverty and reducing inequalities by cutting energy poverty and lowering gas tariffs; (ii) accelerating progress in gender equality through access to year-round energy for rural areas for cleaner cooking and cottage industries; (iii) tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability by reducing carbon footprints through the replacement of furnace oil and diesel-powered plants with gas-powered plants that are available year-round; (iv) strengthening governance and institutional capacity; and (v) fostering regional cooperation and integration through gas pipeline interconnections with neighboring countries (Turkmenistan and Iran), with options to store gas. The TA is aligned with ADB's energy policy, supporting the low-carbon transition, and TA outputs will include necessary due diligence to ensure compliance with the three conditions of ADB's Energy Policy for any subsequent ADB-assisted projects involving natural gas. | ||||
Impact | Gas market equilibrium established. |
Project Outcome | |
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Description of Outcome | Gas supply chain strengthened, and strategic reserves requirements met. |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | Gas storage infrastructure across Pakistan based on safety, reliability, cost, and effect on amenities as primary considerations assessed. Legal, policy, and regulatory framework to build, operate, and maintain gas storage facilities developed. Transaction advisory services for an optimal project capital structure and road map for financial closure developed |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location | Nation-wide |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Responsible ADB Officer | Santiago, Catherine B. |
Responsible ADB Department | Sectors Group |
Responsible ADB Division | Energy Sector Office (SG-ENE) |
Executing Agencies |
Asian Development Bank Ministry of Energy (Power Division) |
Timetable | |
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Concept Clearance | 05 Nov 2021 |
Fact Finding | 04 Oct 2021 to 04 Oct 2021 |
MRM | - |
Approval | 16 Dec 2021 |
Last Review Mission | - |
Last PDS Update | 17 Dec 2021 |
TA 6886-PAK
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
16 Dec 2021 | 30 Dec 2021 | 30 Dec 2021 | 31 Dec 2023 | - | - |
Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
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ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
Gov | Beneficiaries | Project Sponsor | Others | |||||
600,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 600,000.00 | 15 Sep 2023 | 0.00 |
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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Title | Document Type | Document Date |
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Gas Storage Development Systems: Technical Assistance Cancellation | Cancellation Notices | Feb 2024 |
Gas Storage Development Systems: Technical Assistance Report | Technical Assistance Reports | Dec 2021 |
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.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
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Tenders
Tender Title | Type | Status | Posting Date | Deadline |
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Gas Storage Development Systems | Firm - Consulting | Closed | ||
Gas Storage Development Systems | Firm - Consulting | Closed |
Contracts Awarded
Procurement Plan
None currently available.