Another huge gas crisis is set to hit Pakistan this winter, as Pakistan LNG Limited (PLL) failed to attract LNG trading businesses to its bidding, which was launched on September 11, 2021, and wanted eight LNG cargoes – four each for December and January.

According to The News, this means the country would be unable to import 1.2 bcfd of LNG during the high demand months of December and January.

Instead, the country will be able to import only 900 mmcfd each month, resulting in a 300 mmcfd deficit. According to the journal, the government will import 1 bicfd in November, versus a capacity of 1.2 bcfd.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Israeli strikes kill two in south Lebanon as ceasefire violations mount

An Israeli strike on southern Lebanon killed one person on Saturday, the…

Nepra approves Rs7.9 per unit hike in power tariff

On June 2, the National Electric Power Regulatory Authority (Nepra) approved a…

Shah Mehmood Qureshi injured during long march

PTI Vice-President Shah Mehmood Qureshi said that he was fine after he…

Effective cooperation needed amid global challenges: ECO

The 26th meeting of the Economic Cooperation Organization (ECO) in Uzbekistan’s capital…