Ship-tracking data showed three liquefied natural gas tankers passed through the Strait of Hormuz in recent days, heading to Pakistan, China and India, as well as a supertanker with Iraqi crude for China after being stranded for nearly three months. The vessels join a handful of supertankers leaving the Gulf this month via a transit […]
LNG
Pakistan receives second LNG cargo from Qatar in three days
Pakistan has received its second liquefied natural gas (LNG) cargo from Qatar within three days, as authorities move to strengthen energy supplies amid regional supply disruptions and rising electricity demand. According to official sources, the LNG carrier Muhzamm, carrying approximately 160,000 cubic metres of liquefied natural gas, docked at Port Qasim in Karachi on Friday. […]
Pakistan cancels LNG spot bids amid hopes of easing ME tensions
Pakistan LNG Limited, a government subsidiary that procures LNG from the international market, has cancelled two of the lowest bids, expecting the situation in the Middle East to improve, which will lead to the opening of the Strait of Hormuz and the resumption of Qatari supplies. Pakistan LNG Ltd. did not award an emergency tender […]
Pakistan engages Iran to secure LNG shipments via Hormuz
Pakistan is coordinating with Iran to ensure safe passage of two liquefied natural gas (LNG) cargoes through the Strait of Hormuz as regional tensions and supply constraints raise concerns over energy security officials said. Read More: Strait of Hormuz closure pushes Pakistan into expensive LNG deal According to energy ministry officials two Qatari shipments already loaded with LNG are currently waiting […]
Pakistan seeks three spot LNG cargoes in first tender since Dec 2023
Pakistan LNG Limited has issued its first spot tender for liquefied natural gas (LNG) since December 2023 amid supply shortfalls triggered by the US-Israeli war on Iran. The company is seeking bids from international suppliers for three LNG cargoes of around 140,000 cubic meters each for delivery on April 27-30, and on May 1-7 and […]
Pakistan, Qatar ‘in advanced stage of talks’ for LNG cargoes
Pakistan and Qatar are in an advanced stage of discussions for the supply of at least four cargoes of liquefied natural gas (LNG), which could pass through the Strait of Hormuz, sources said on Sunday. They also said that after facing criticism over loadshedding even before the start of summer, the Power Division had already […]
OGRA cuts LNG import prices for January
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in imported liquefied natural gas (LNG) prices for January, issuing a fresh notification that provides limited relief to consumers and industries dependent on the fuel. Read More: OGRA raises LNG prices for august According to the notification, imported LNG prices for January have been lowered by […]
Russia delays LNG output target amid sanctions pressure
Russia has delayed its plan to reach an annual liquefied natural gas (LNG) production target of 100 million tonnes by several years, citing the impact of Western sanctions imposed over the conflict in Ukraine, Deputy Prime Minister Alexander Novak said on Thursday. Read More: EU approves 2027 Russian gas ban Speaking to state television Rossiya-24, Novak said […]
Saudi Aramco signs $30bn preliminary deals with US firms
DUBAI/WASHINGTON: Saudi Aramco announced on Wednesday that it had signed 17 preliminary agreements with US companies, with a potential total value exceeding $30 billion, during the visit of Saudi Crown Prince Mohammed bin Salman to Washington. The deals cover a range of sectors including liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement. […]
Govt imposes permanent ban on new residential gas connections
The federal government has imposed a permanent ban on new residential gas connections using local natural gas, and ordered the cancellation of 3 million pending applications. According to reports, the Petroleum Division has sent a new policy framework, approved by the Federal Cabinet, to both Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines […]