Updated
Updated · Bloomberg · Jul 9
Pakistan LNG Seeks July 15-16 Cargo as Hormuz Attacks Disrupt Qatar Supply
Updated
Updated · Bloomberg · Jul 9

Pakistan LNG Seeks July 15-16 Cargo as Hormuz Attacks Disrupt Qatar Supply

3 articles · Updated · Bloomberg · Jul 9

Summary

  • Pakistan LNG issued an emergency tender for one LNG cargo to be delivered on July 15-16, with bids due Friday.
  • The government approved the purchase on Wednesday after fresh hostilities in the Strait of Hormuz disrupted supply and led to the cancellation of a Qatar shipment scheduled for this month.
  • The urgent buy highlights Pakistan's need to replace lost Qatari volumes quickly as renewed instability around Hormuz again threatens regional energy flows.

Insights

With 20% of global LNG supply cut off, how will Asian economies survive the coming energy crunch?
As the Hormuz chokepoint closes, can Russia's Arctic route become the new global energy superhighway?
The U.S.-Iran peace deal is dead. Is a wider regional war now inevitable?