09/16/2010
US to provide $0.482m for LPG TFC project

ISLAMABAD: United States has decided to provide Pakistan grant assistance worth $0.482 million for Liquefied Petroleum Gas Transport Fuel Conversion (LPG TFC) project.

A detailed and comprehensive feasibility study under this project will produce useful information and data with necessary analysis required to consider adopting liquefied petroleum gas (LPG) as a fuel source for land transportation operations in Pakistan.

In this regard, a grant agreement signing ceremony was held in the Ministry of Environment between Government of the United States of America, acting through the US Trade and Development Agency (USTDA) and National Energy Conservation Centre, Ministry of Environment for “Liquefied Petroleum Gas Transport Fuel Conversion (LPG TFC) Project” in Islamabad Wednesday.

The ceremony was held in the presence of Hameed Ullah Jan Afridi, Federal Minister for Environment, Muhammad Javed Malik, Secretary Environment. Whereas the grant agreement was executed and signed by Stephen C. Engelken, Deputy Chief of Mission and Mr Faridullah Khan, Managing Director (ENERCON) on behalf of the governments of USA and Pakistan, respectively.

At the time of serious energy crisis prevailing in Pakistan, government of the United States of America has agreed to provide a grant of $0.482 million to ENERCON, the National Energy Conservation Centre under the Ministry of Environment for the Liquefied Petroleum Gas Transport Fuel Conversion (LPG TFC) project. Stephen C. Engelken, Deputy Chief of Mission in the ceremony expressed commitment of the government of USA for cooperation and collaboration with the government of Pakistan in all fields of economy especially in trade and development. He explained that ENERCON would utilise the grant funds on behalf of the government of Pakistan to implement a project on LPG TFC in the country, which is expected to complete by December 2011.

It was further elaborated that a detailed and comprehensive feasibility study under this project will produce useful information and data with necessary analysis required to consider adopting LPG as a fuel source for land transportation operations in Pakistan. Supply and demand forecast and assessments, including supply from Persian Gulf, among other sources will also be carried out.

Technical and operational specifications required to adopt LPG as a transportation fuel, including any infrastructure requirements, as well as the economic, financial and legal considerations will be worked out for the implementation of the project, staff report.

Click here to view the story at Daily Times.

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