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Pakistan plans to increase liquefied natural gas imports amid Hormuz tensions
The Pakistani government intends to increase its imports of liquefied natural gas (LNG) to address supply shortages and geopolitical tensions in the Strait of Hormuz, especially after disruptions in shipments from Qatar. The government is working to purchase up to six additional shipments in August, in addition to an urgent tender to cover the current deficit. The crisis has led the country to rely on the spot market, buying shipments at the highest prices since 2022, in response to increased energy consumption caused by the heatwave and reduced solar power output. Islamabad is also moving toward diversifying its energy sources to ensure energy security amid ongoing regional challenges.
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