Islamabad, February 12, 2014 (PPI-OT): Federal Minister for Defence Production Rana Tanveer Hussain held a meeting at Ministry of Defence Production to review progress of Karachi Shipyard and Engineering Works and its new project of undertaking of Fast Track LNG Ship.
The meeting was attended by Lt Gen (Retd) Tanvir Tahir, Rear Admiral Hassan Nasir Shah MD Karachi Shipyard and Engineering Works and other top officials of Ministry of Defence Production and KS and EW. MD Karachi Shipyard Rear Admiral Hassan Nasir Shah during the briefing stated that it is time we should encourage local participation and investment in ship building industry.
He added that technical skill and expertise is available with Karachi Shipyard to initiate any kind of ship building project. “To meet the growing energy requirements of the country Karachi Shipyard is taking a step towards helping national economy. The project of Fast Track LNG Ship will help in sharing the load of energy requirements in Pakistan”, he said. Karachi Shipyard and Engineering Works has produced 440 Ships and has very recently handed over a 32 ton Pusher Tug to Pakistan Navy.
Minister for Defence Production Rana Tanveer Hussain said that the project of LNG import through ships will help create Pakistan’s stake in emerging global LNG market. This will also help to build our own ship at zero additional cost etc. Minister for Defence Production also directed that one window operation should be carried out in this regard. Upon his query that after how long will the first ship be ready to carry out LNG operation, MD Karachi Shipyard stated in the third year of contract Karachi Shipyard will build its first LNG Ship.
Minister for Defence Production termed the project as most necessary adding that small ships are the requirement for regional transportation where as big ships are meant for the Atlantic transportation and our regional dynamics support small shipping structure.
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