Updated
Updated · Bloomberg · May 6Pakistan LNG Ltd seeks emergency LNG shipments amid gas shortage
7 articles · Updated · Bloomberg · May 6
- The state buyer wants spot cargoes for 12-14 May and 24-26 May delivery, with the tender closing on Thursday.
- Rising temperatures are expected to strain Pakistan's power grid and deepen shortages of gas used by power plants.
- Pakistan bought a spot cargo last month for the first time in more than two years as war in Iran disrupted Persian Gulf LNG supply.
How is a blockade in the Persian Gulf causing power cuts in Pakistan and price spikes in Europe? With gas supplies cut by war, can Pakistan's surprise solar boom prevent a national blackout?