Monitoring Report
ISLAMABAD: Pakistan has received its second liquefied natural gas (LNG) cargo from Qatar for October, with gas supplies from the shipment already being injected into the national system, according a private TVÂ quoting sources of the Ministry of Energy.
The sources said Pakistan has received two LNG cargoes from Qatar so far this month, helping meet the country’s natural gas requirements through supplies under existing agreements.
According to the Ministry of Energy sources, Pakistan is making every effort to avoid purchasing expensive LNG cargoes from the spot market. LNG supplied under long-term agreements with Qatar is significantly cheaper than spot-market purchases.
The sources said gas supplied through contractual Qatari LNG cargoes costs around $14 to $15 per million British thermal units (MMBtu), compared with spot-market LNG prices that can reach $30 per MMBtu.
This means LNG procured under existing agreements costs approximately half as much as gas purchased at the reported spot-market price, potentially helping Pakistan manage its energy import costs.
Pakistan’s efforts to rely on contracted LNG supplies reflect the importance of securing gas at more predictable prices amid fluctuations in international energy markets.
The latest shipment is expected to contribute to maintaining gas availability in the domestic system, although the overall impact will depend on demand and the country’s wider supply situation.