State-controlled Pakistan LNG is seeking an additional cargo for delivery next month, following the cancellation of a scheduled shipment from Qatar. This move marks a significant departure for a country that historically relies on long-term fixed contracts. If this latest tender succeeds, Pakistan will have purchased at least four spot cargoes for July—the highest volume in a single month since regional tensions began on February 28.
Pakistan Scrambles for LNG as Strait of Hormuz Stalls
No LNG tankers have exited the Strait of Hormuz for several days, forcing Pakistan to issue its second emergency spot tender in two weeks. The disruption of Qatari shipments, triggered by a fresh wave of hostilities, has left the South Asian nation scrambling to secure energy supplies for July.
The volatility in the Persian Gulf has consistently hampered energy logistics, forcing Islamabad to pay premiums for expensive spot replacements. Traders familiar with the situation confirmed that the decision to return to the market followed the sudden loss of a late-June delivery. With traffic through the Strait of Hormuz remaining stagnant, Pakistan faces mounting pressure to secure its energy grid against further supply chain failures.
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