PM Abbasi inaugurates 2nd LNG terminal at PQ

PM Abbasi inaugurates 2nd LNG terminal at PQ

Karachi (Staff Report/Agencies): Prime Minister Shahid Khaqan Abbasi on Monday inaugurated second LNG terminal at Port Qasim.

Addressing the inaugural ceremony of second LNG terminal, Abbasi said the country is on the path of development and the industry is growing with 5.3 percent GDP which is expected to rise to 6 percent in the next financial year.

The PM said construction of LNG terminals will boost economy and industry in the country and more terminals will be set up in future.

He said the demand for LNG is increasing and setting up of the second terminal without government guarantee is manifestation of confidence of the market.

The terminal has been completed in a short time at a cost of 50 billion rupees.