Government Extends Long-Term Terminal Operations Agreement for Engro Vopak
The Port Qasim Authority (PQA) has renewed its Implementation Agreement with Engro Vopak Terminal Limited (EVTL) to continue the operation of Pakistan’s integrated bulk liquid chemical and liquefied petroleum gas (LPG) terminal at Port Qasim.
Engro Vopak Terminal Limited is a joint venture between Engro Corporation and Royal Vopak of the Netherlands. The renewed agreement continues a long-standing arrangement under which the company operates Pakistan’s only integrated facility for handling bulk liquid chemicals and LPG at the port.
Officials stated that the terminal plays an important role in supporting national logistics and energy supply chains. It handles a significant share of Pakistan’s imported bulk liquid chemicals and LPG, which are used in several key sectors including agriculture, textiles, construction, energy, and manufacturing.
The agreement extends a partnership between the public and private sectors that has been in place for several decades. During this period, the terminal has remained a key infrastructure facility for import, storage, and handling operations at Port Qasim.
EVTL operates under established regulatory and contractual frameworks governing port terminal operations. The renewed agreement continues under a build-operate-transfer (BOT) model and is described as non-exclusive.
The company is also affiliated with Royal Vopak, an international tank storage operator known for its expertise in terminal management and logistics.
Following the renewal, the company has indicated interest in exploring future investment opportunities, including potential expansion in refrigerated LPG storage, subject to feasibility studies and approvals.
Officials confirmed that the agreement was finalized through the existing regulatory and contractual process involving relevant government and port authorities overseeing infrastructure operations.
