Pakistan’s Energy Crisis Set to Ease as Qatari LNG Breaks Through Hormuz

AI Summary

Qatari LNG shipments are expected to provide relief to Pakistan's ongoing energy crisis despite prior supply disruptions caused by Iranian attacks on the Ras Laffan LNG hub. The first Qatari LNG cargo is projected to arrive in Pakistan imminently, easing the country's energy shortages.

Pakistan is about to get some energy relief with tankers carrying Qatari LNG set to arrive in the country this month. The first cargo is seen arriving as early as Thursday, Bloomberg reported, citing ship-tracking data. Pakistan has been struggling to keep the lights on after Qatar declared force majeure on its exports following Iranian strikes that caused damage to its Ras Laffan LNG hub. Since then, Pakistan has been forced to turn to spot LNG markets and pay hefty premiums for the occasional shipment. Qatar was the biggest supplier of liquefied…