US to provide $0.482m for LPG Transport Fuel Conversion project
MABAD At the time of serious energy crisis prevailing in Pakistan, the US government has agreed to provide a grant of US$ 0.482 million to the National Energy Conservation Centre (ENERCON) under the Ministry of Environment for the Liquefied Petroleum Gas Transport Fuel Conversion (LPG-TFC) project.
In this regard a grant agreement signing ceremony was held between the Ministry of Environment and Government of the United States of America, acting through the U.S. Trade and Development Agency (USTDA) and National Energy Conservation Centre, Ministry of Environment here on Wednesday.
Federal Minister for Environment, Hameed Ullah Jan Afridi, Secretary Environment, Muhammad Javed Malik, Chief ENERCON, Dr Sarwar Saqib and Commercial Counsellor of US Mission John Simmons were also present on the occasion. The grant agreement was executed and signed by Stephen C. Engelken, Deputy Chief of Mission and Faridullah Khan, Managing Director (ENERCON) on behalf of the Governments of USA and Pakistan respectively.
Stephen C. Engelken, Deputy Chief of Mission in the ceremony expressed the commitment of the Government of USA for cooperation 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 Transport Fuel Conversion in the country, which is expected to be completed by December 2011.
It was further elaborated that a detailed and comprehensive feasibility study under this project would 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.
Supply and demand forecast and assessments, including supply from Persian Gulf, among other sources, shall also be carried out. The technical and operational specifications required to adopting 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.
Federal Minister for Environment, Hameed Ullah Jan Afridi, while addressing on the occasion highlighted that under the LPG-TFC project, the operational requirements to convert Karachi, Hyderabad, Multan, Lahore, Faisalabad, Peshawar and Islamabad/Rawalpindi bus fleets to LPG would also be assessed in detail.