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Markets

Qatari LNG cargo reaches Pakistan

  • Pakistan is currently facing significant challenges in securing LNG deliveries
Published Updated

Al Marrouna, a tanker carrying liquefied natural gas (LNG) from Qatar, has arrived at Pakistan’s Port Qasim on Thursday.

The LNG carrier Al Marrouna, carrying 142,217.21 cubic metres of LNG, successfully berthed at Engro Elengy Terminal (EETL) at around 11:38am on Thursday, officials at Port Qasim Authority told Business Recorder.

Moreover, another vessel carrying Qatari LNG is expected to arrive in Pakistan in the coming days, Bloomberg reported on Wednesday, citing traders with knowledge of the matter.

Pakistan is currently facing significant challenges in securing LNG deliveries due to geopolitical disruptions and high spot market prices.

Pakistan heavily depends on its long-term supply deals with Qatar for stable and more affordable LNG.

However, renewed hostilities in the Strait of Hormuz led to the cancellation of a Qatari LNG shipment scheduled for July 2026 and prompted Qatar to declare force majeure, disrupting LNG imports. This situation forced Pakistan to seek emergency supplies and look for alternative fuels or expensive spot cargoes.

Days ago, after rejecting the offer twice to buy expensive LNG, the state-owned Pakistan LNG Ltd (PLL) reissued the LNG tender on Sunday and was now seeking an LNG cargo delivery window between September 12 and September 16.

In the first LNG bid, BP Singapore emerged as the sole bidder at $26.9 MMbtu for September 4-8 delivery, which was rejected. Again, in the second bid, BP Singapore cut its offer to $26.7128 per MMbtu for September 8-12 LNG cargo from $26.9 per MMbtu quoted for the earlier window, but PLL found the price too high.

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