Pakistan Seeks Urgent LNG Cargo Amid Strait of Hormuz Tensions
Pakistan's energy crisis worsened as tensions in the Strait of Hormuz disrupted LNG supplies. The country launched an urgent tender to buy a liquefied natural gas (LNG) cargo for delivery between June 30 and July 4. The state-owned Pakistan LNG Limited invited international suppliers to bid for one LNG cargo on a delivered ex-ship basis at Port Qasim, Karachi.
The Strait of Hormuz is a key route for global LNG shipments, particularly from Qatar, one of Pakistan's main suppliers. Any interruption to vessel traffic through the waterway can force buyers to turn to the spot market, where cargoes are often more expensive and harder to secure at short notice.