US-led consortium proposes over $4 billion investment in Pakistan LNG project — officials Karachi, Pakistan · 2026-11-05 03:25
The consortium includes Global Vision Energy Partners (GVEP) of Virginia and would develop an integrated LNG terminal at Port Qasim, Pakistan's second-largest port. The investment proposed could reach $4.4 billion, Pakistani maritime affairs ministry officials said on Wednesday.
Pakistan relies on imported liquefied natural gas to supplement domestic gas output, which has been falling in recent years.
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