Pakistan has launched an urgent search for a liquefied natural gas (LNG) cargo for delivery this week amid reports that Hormuz could get blocked once again, reported Bloomberg.
State-owned Pakistan LNG Limited (PLL) has invited bids for an emergency LNG cargo scheduled for delivery between June 30 and July 4, with offers due on June 2, according to a tender document.
Pakistan relies heavily on LNG imports from Qatar, making any disruption to Gulf shipping a major risk for the country’s energy supply. Earlier this year, delays to LNG shipments through the Strait of Hormuz contributed to gas shortages and electricity supply problems across the country.
The situation began to ease in May when Pakistan received its first LNG cargo in nearly two months. Unlike its regular supplies from Qatar, the shipment arrived from the United States after departing Sabine Pass and docking at Port Qasim.
With uncertainty surrounding Gulf shipping routes once again, Pakistan is seeking additional LNG supplies to reduce the risk of fuel shortages and ensure uninterrupted gas availability during the current period of elevated regional tensions.
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