KARACHI: Engro Vopak Terminal Limited, Pakistan’s leading bulk chemical and gas terminal operator, has launched a feasibility study for the country’s first refrigerated liquefied petroleum gas (LPG) import and storage facility as part of efforts to strengthen energy security amid rising LPG demand and declining domestic gas production.
The company has partnered with S&P Global to assess the technical and commercial viability of expanding Pakistan’s LPG infrastructure through the development of large-scale refrigerated import and storage facilities.
According to the company, the proposed project aims to improve access to international LPG markets, enable the handling of larger cargoes, increase storage capacity, and build a more resilient, reliable, and flexible LPG supply chain.
The initiative follows the successful renewal of EVTL’s Implementation Agreement with the Port Qasim Authority in June 2026, under which the company plans to invest more than $200 million to expand its terminal operations.
EVTL noted that Pakistan’s increasing dependence on LPG—driven by growing energy demand and a steady decline in indigenous natural gas production—has created an urgent need for enhanced import and storage infrastructure.
The company said current market projections indicate that Pakistan could face a significant LPG supply shortfall in the coming years, making strategic investments in large-scale infrastructure essential for ensuring long-term energy security.
Syed Ammar Shah, Chief Executive Officer of Engro Vopak Terminal Limited and Engro Elengy Terminal Limited, said strengthening LPG supply chains and improving access to global LPG markets will become increasingly important as Pakistan’s energy landscape continues to evolve.
He said the collaboration combines the global expertise of Royal Vopak, the world’s largest independent bulk liquid storage company, with Engro’s engineering capabilities and local market knowledge to develop infrastructure that supports long-term energy security and sustainable economic growth.
Shah added that many advanced economies already operate refrigerated LPG infrastructure, and the feasibility study will help determine how Pakistan can adopt similar international practices while enhancing the resilience of its energy sector.
EVTL is a joint venture between Engro Corporation and Royal Vopak. Established in 1997, the company operates Pakistan’s only integrated bulk liquid chemical and LPG terminal at Port Qasim and plays a key role in the country’s energy and industrial supply chain.
