Pakistan LNG Limited (PLL) has rejected two spot LNG cargo bids after suppliers demanded higher prices, a decision expected to save the country between $22 million and $50 million.
LNG Supply Arrangements
According to Beyond Time News, officials informed the Senate Standing Committee on Petroleum that LNG imports are being managed through alternative arrangements, including supplies from Qatar.
A Qatari LNG cargo is expected to arrive at Port Qasim to support domestic energy needs.
Energy Priorities
Officials said gas supplies are being directed to priority sectors, especially fertiliser production, to avoid shortages amid global market fluctuations.
Pakistan Secures LNG Cargo for April 30 Arrival to Ease Power Shortages
Senate Review
The committee discussed fuel pricing, LPG rates, and gas shortages, expressing concern over rising costs and uneven supply across provinces.
Additional LNG Shipment
A second Qatari LNG tanker, Mihzem, is also en route to Pakistan, according to shipping data cited by Reuters.
