Business

First Post-War LNG Cargo Currently Crossing Hormuz Toward Pakistan

The first post-war liquefied natural gas (LNG) cargo from Qatar is currently headed toward Pakistan.

According to the Bloomberg terminal tracking software, the vessel appears to be nearing exit from Hormuz but hasn’t left the area yet. It appears to be doing circles over its shipping route.

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The latest post-war shipment is officially marked for Pakistan, but it remains unclear whether the vessel will pass through the Strait of Hormuz before Friday’s highly expected 60-day ceasefire signing ceremony.

Hormuz is a critical chokepoint for global energy flows. Any disruption or rerouting could badly impact delivery logistics and timing.

If the cargo avoids the Hormuz route, Pakistan may be forced to secure LNG from the international spot market, where prices are typically higher and more volatile. But other posters and analysts opined on X that a worst-case scenario is unlikely, given Pakistan’s outstanding mediation effort to stop the US-Iran war.

Pakistan continues to rely heavily on LNG imports to meet domestic energy demand. Unless Israel or any other irresponsible stakeholder makes a bad call before the ceasefire is signed, the latest cargo will likely reach on schedule somewhere near Karachi in the coming days.

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Business Desk