Pakistan Secures LNG Cargoes to Meet Summer Energy Demand

Pakistan is bolstering its summer energy supply by arranging additional liquefied natural gas (LNG) cargoes. The government confirmed the acceptance of a spot cargo from BP Singapore at a price of $19.1337 per MMBtu for delivery on June 6‑7, reflecting intense competition in the regional spot market. This follows earlier spot purchases in April and May, as well as three long‑term contracts with QatarEnergy that provide a steady flow of LNG each month.

Domestic gas production, restored to about 400 million cubic feet per day after earlier disruptions linked to Middle‑East conflict, will be redirected to power plants at a subsidised rate, while the imported LNG will be procured on a full cost‑recovery basis to support electricity generation and industrial use during the peak demand season.