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New $3 bn LNG project ready for Gwadar

ISLAMABAD: Another fast-track three billion dollars mega project, an LNG terminal at Gwadar and a pipeline to Nawabshah, is being launched by the Nawaz Sharif government with Chinese collaboration. In a major strategic move, the Ministry of Petroleum and Natural Resources (MoPNR) has decided to build the LNG terminal and pipeline through a Government-to-Government (G2G ) arrangement with China. Experts say this would mean that the project will not be …Read More

Gwadar Port – Geography, progress and importance

Gwadar Port is a warm-water, deep-sea port situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan. Location Gwadar is located on the shores of the Arabian Sea it is in Pakistan’s western province of Balochistan. It is about 533 km from Karachi and 120 km from the Iranian border and 380 km (240 mi) km northeast of the nearest point in Oman across the Arabian Sea. Gwadar …Read More

Original design: China persuaded to stick to Gwadar route, says JUI-F chief

ISLAMABAD: Chief of the Jamiat Ulema Islam (JUI-F) Maulana Fazlur Rehman has said that he had managed to persuade the Chinese government through diplomatic channels to revert back to the original route of Gwadar through Khyber-Pakhtunkhwa (K-P) for the economic corridor. This, he said, would bring economic dividends to the province. In an informal talk with reporters, Fazl said the federal government must allocate a reasonable amount for K-P. He …Read More

Chinese investors ready to build Industrial Park in Gwadar

QUETTA: Reposing their confidence on the improved security situation in port city of Gwadar, the leading group of Chinese Investors have shown their interest to joint work as Industrial Park, free zone operators and investors in Gwadar.The visit was in line with a series of policy initiatives under China Pakistan economic corridor (CPEC) and bilateral and multilateral understandings between different Chinese and Pakistani public-sector, as well as private sector companies …Read More

گوادر پورٹ اہم تجارتی راہداری ثابت ہوسکتی ہے، چیئرمین

وفد نے گوادر بندرگاہ کو فعال بنانے کیلیے پورٹ حکام کو ہرممکن تعاون کا یقین دلایا۔ گوادر: گوادر پورٹ اتھارٹی کے چیئرمین دوستین خان جمالدینی نے کہا ہے کہ گوادر پورٹ اپنے محل وقوع کے اعتبار سے بین الاقوامی تجارت کی راہداری کا اہم ذریعہ ثابت ہوسکتی ہے۔ ان خیالات کا اظہار انہوں نے انڈسٹریل کمرشل بینک آف چین (آئی سی بی سی)، ہولی گروپ آف بنکاک اور حبیب بینک لمیٹڈ …Read More

China keen to develop, operate industrial park in Gwadar

KARACHI: An official group of 15 Chinese investors has shown keen interest in developing and operating an industrial park in Gwadar, Balochistan, and other parts of the province, an official source said on Thursday. “The Chinese investors expressed their interest to jointly work as industrial park / free zone operators, developers and investors. They expressed their readiness in establishment of fish processing units, assembly plants, marble processing, cement and steel …Read More

Raikot-Islamabad highway construction NHA’s priority

Sunday, July 13, 2014 – Islamabad—National Highway Authority (NHA) will build 487 km Raikot-Islamabad Highway on priority basis as it forms part of China-Pakistan Economic Corridor (CPEC). This highway is also important because four new dams close to this highway namely; Thakot, Pattan,Dassu and Diamer Basha have also been planned. He said that these dams will help the country overcome its power shortage,an official of the NHA informed APP. Highlighting …Read More

Gwadar Port: government mulling constructing LNG terminal

The government is considering constructing a Liquefied Natural Gas (LNG) terminal at Gwadar Port in a bid to enhance the capacity for the storage of LNG in the country with the objective of replacing imports of the more expensive Furnace Oil (FO), it is learnt. According to sources privy to the developments, there is no possibility of the completion of Iran-Pakistan (IP) or Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline projects in the …Read More

Completion of Gadani, Gwadar projects top PM’s agenda: CM Shahbaz

LAHORE: Chief Minister Shahbaz Sharif has said that completion of Gadani and Gwadar projects with the cooperation of China was top priority of Prime Minister Nawaz Sharif. He said that these projects will also help Pakistan overcome energy crisis besides increasing exports and creating a large number of jobs. According to a handout, he was addressing various meetings and functions in Beijing on Monday. The chief minister said that the …Read More

The China-Pakistan Economic Corridor

The China-Pakistan Economic Corridor linking Kashgar in China with Gwadar Port in Pakistan took another step forward last week, with the announcement of preliminary studies into a railway between the two hubs. The 1,800km-long rail link will run through Islamabad and Karachi, as well as disputed territory in Pakistan-occupied Kashmir. Zhang Cunlin, director of Xinjiang’s Regional Development and Reform Commission, announced this project, which will be enormously expensive considering the …Read More