Pakistan's Desperate Search for Spot LNG Amid Price Surge

Pakistan is scrambling to secure fresh spot liquefied natural gas (LNG) supplies as its current stockpiles reach critically low levels. The country's search for spot LNG has been extended after failing to secure new supplies before gas reserves are depleted.

The surge in LNG prices continues, with recent reports indicating that spot LNG prices have reached their highest levels since 2022 due to a supply crunch caused by the loss of Qatari cargoes and disruption to LNG shipments in the US Gulf.