Islamabad plans to purchase up to seven additional LNG cargoes for July and August due to shipment delays from Qatar.
Pakistan is moving to secure additional spot LNG cargoes for July and August after traffic disruptions in the Strait of Hormuz halted shipments from its primary supplier, Qatar. The government aims to finalize deals for at least one cargo this month and up to six for August delivery, sources said.
State-controlled Pakistan LNG Ltd recently purchased the most expensive LNG cargo on record, highlighting urgency amid supply constraints. The country typically relies on term contracts with Qatar for most of its LNG imports.
The disruption follows heightened regional tensions affecting key shipping routes, forcing Pakistan to turn to the spot market to meet demand.