Our Business Model
LNGFlex (“VLNG”) Project
LNGFlex is developing Pakistan’s first Virtual LNG Terminal at Karachi Port, designed to meet the country’s rising energy needs. The project features a Floating Storage Unit (FSU) with a capacity of 150,000 m³, permanently stationed at the port. LNG will be transferred into specialized ISO tanks for direct transportation to customers across industrial, transportation, and residential sectors. This innovative solution aims to deliver a reliable LNG supply chain, further strengthening Pakistan’s energy infrastructure.
Tabeer Energy (“RLNG”) Project
LNGFlex has expanded its portfolio with the acquisition of the Tabeer RLNG Terminal from Mitsubishi Corporation, located at Port Qasim. The terminal includes a Floating Storage Regasification Unit (FSRU) with a capacity of 170,000 m³, which will be permanently moored to store, re-gasify, and supply natural gas. Through a subsea pipeline and existing networks, the project will deliver reliable energy to industrial and residential customers, further enhancing Pakistan’s energy infrastructure.