Govt backs EVTL continuity at Port Qasim
MG News | March 04, 2026 at 02:24 PM GMT+05:00
March 04, 2026 (MLN): The government has indicated support for the continued and stable operations of Engro Vopak Terminal Limited (EVTL) at Port Qasim.
The assurance comes as discussions over its future
operating arrangements unfold amid regional energy market volatility and
mounting supply-chain pressures.
The development came during a meeting between Pakistan’s
finance authorities, the Ambassador of the Kingdom of the Netherlands, and
senior representatives of Engro Corporation and EVTL, according to the press
release.
The talks centered on the terminal’s role in Pakistan’s
industrial and energy supply chains and the need to maintain operational
continuity at critical infrastructure
Federal Minister for Finance and Revenue Senator Muhammad
Aurangzeb, who chaired the meeting, was briefed by the Engro delegation on
EVTL’s operations and its contribution to handling chemical imports for
downstream industries.
The delegation also highlighted the company’s significant
share in marine liquefied petroleum gas (LPG), which supports household energy
consumption.
EVTL is a joint venture between Netherlands-based Royal
Vopak and Engro Corporation, and has been operating at Port Qasim since 1996.
The terminal forms a key part of Pakistan’s liquid bulk
storage and handling network, linking international suppliers with domestic
industrial users.
During the discussion, the delegation highlighted the
importance of specialized storage infrastructure in sustaining industrial
output and supply-chain stability, particularly in light of evolving regional
developments that could affect energy markets and logistics flows.
The finance minister said the government remains engaged
with relevant stakeholders to ensure adequate availability of petroleum
products and to address potential supply challenges.
He also reiterated the importance of maintaining a
transparent and efficient framework for foreign investment in strategic
sectors.
The Netherlands has a longstanding commercial presence in
Pakistan across energy, chemicals and logistics, and remains one of Pakistan’s
important trading partners within the European Union.
The meeting shows ongoing engagement aimed at sustaining
foreign investor confidence and safeguarding critical energy infrastructure at
a time when Pakistan is working to stabilize its external position and secure
industrial supply chains.
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