July 23, 2019 (MLN): K-Electric Limited is considering the procurement of regasified LNG (RLNG) to be delivered at plant gate of the Bin Qasim Power Station (BOPS) located in Karachi, Pakistan in two tranches.
As per the company’s announcement, this RLNG will be utilized to meet the fuel requirements of its two Combined Cycle Gas Turbine (CCGT) power plants at the Bin Qasim Power Complex, namely; BOPS II and BOPS III. BOPS II is an existing 560 MW CCGT power plant while, BOPS III is a new 900 MW CCGT power plant that is scheduled to begin operations in 2021.
In this regard, the interested companies could submit their expressions of interest by August 9, 2019, to participate in the bidding for RLNG supply for either one or both of the following tranches:
Tranche A: At least 150 MMscf/d of RLNG under a three and a half-year contract, starting from fourth quarter of the 2020 using any of the existing LNG import terminals in Pakistan, with the option of contract renewal based on mutually agreed terms.
Tranche B: At least 250 MMscf/d of RLNG under a fifteen-year contract, starting from the second quarter of the year 2024 using any of the existing and /or prospective new LNG import terminals in Pakistan.
