Pakistan LNG Limited (PLL) is a public sector entity incorporated under the Pakistan Companies Ordinance 1984 and operates under the governance of the Ministry of Petroleum and Natural Resources, Government of Pakistan (“GOP”). It is a wholly owned subsidiary of Government Holdings Private Limited (“GHPL”).
Pakistan LNG Limited was incorporated (Corporate Universal Identification No. 0096680) as a public company limited by shares under Section 32 of the Companies Ordinance, 1984 (XLVII of 1984) on December 11, 2015 by the Securities and Exchange Commission of Pakistan (SECP), Islamabad.
PLL has been mandated by the GOP to carry out the business of the import, purifying, buying, storing, supplying, distributing, transporting, transmitting, processing, measuring, metering and selling of natural gas, LNG, re-gasified LNG to meet the country’s gas requirements. In this capacity PLL will procure LNG from international markets and enter into onward arrangements for supply of gas to the end user, thereby managing the whole supply chain of LNG from procurement to end user gas sale agreements.
PLL was envisioned to circumvent supply chain issues and to be Pakistan’s integrated energy solutions company. By being the one-stop shop between the suppliers and consumers of LNG, PLL shall:-
• Sign SPAs with Suppliers
• Contract Regasification Capacity
• Contract Pipeline Capacity (sign GTAs – Gas Transportation Agreements)
• Sign GSAs (Gas Sales Agreements)
• Be a Professionally Managed Contract / Risk Management Firm
PLL has a two-phased approach:-
• Solve the energy crisis
• Solve the gas crisis
Within 3-5 years imported gases as a percentage of total gas in the system will go from 10% to over 60%. Gas based electricity generation will move to over 40% and will be primarily supplied by LNG.
• Manage the supply chain
• Deal directly with suppliers, terminals, pipeline operators and end users (IPPs, textiles, etc.)
• Develop a robust portfolio of LNG supply contracts
• Control for tenor, pricing, geography, supplier types
PLL's Target Market
Registered Address of the Company:
3rd Floor, Block-A, Pak Secretariat,
Company's National Tax Number(NTN): 7203423-3