ISLAMABAD, MAY 23 /DNA/ – The Oil & Gas Regulatory Authority on 18th of May 2023 conducted the 1st Session of the knowledge sharing Webinar on LNG. The participants included Ministry of Energy, Engro Elengy Terminal Limited, Pakistan Gasport Consortium Limited, Tabeer Energy Private Limited, Energas Terminal Private Limited, Port Qasim Authority and Karachi Port Trust. The session started with the recitation of the Holy Quran followed by the National Anthem.

Chairman OGRA Mr. Masroor Khan gave the opening remarks highlighting the importance of LNG sector in the energy mix of Pakistan. He pointed out that Pakistan energy landscape has undergone transformation in the last few years with the LNG sector emerging as a vital component of the country’s energy mix. The development of LNG infrastructure, including re-gasification terminals has enhanced Pakistan’s energy availability and flexibility. He further highlighted the challenges and opportunities associated with its adoption.

The following topics were covered in the presentations by the participants:

History of LNG, Global LNG Outlook, LNG Sector in Pakistan,Policy provisions, supply demand and market overview, FSRU and Land based LNG storage and re-gasification terminals, projects regulatory and financial challenges, projects applicable codes and standards, Stages and challenges of LNG project development, production, Liquefaction and re-gasification technologies, Safety and environmental aspects of LNG projects, Current trends and future projections of the LNG Global market, trading and risk management strategies and tools, Fundamentals of Third party access to LNG infrastructure, Global LNG infrastructure and utilization, Risk assessment, Safety and security at Ports for LNG projects, Role of Port Authorities in managing and operation of LNG projects etc.

The Webinar was attended by the technical officers of OGRA as well as the relevant stakeholders. It provided a platform for knowledge sharing of the best international practices in the LNG sector and the audience has appreciated the initiative taken by OGRA.

The second session shall be convened on the 25th of May 2023 wherein presentations shall be given by Pakistan State Oil, Pakistan LNG Ltd., Sui Northern Gas Pipelines Ltd., Sui Southern Gas Pipelines Ltd., LNG Virtual Pipeline licensees etc.