Pakistan has issued its first spot tender for liquefied natural gas (LNG) since December 2023, seeking three cargoes to tackle growing power shortages. State-run Pakistan LNG Limited is inviting international suppliers to deliver shipments between April 27 and May 14 at Port Qasim.
Energy Minister Awais Leghari says the move aims to meet rising electricity demand while reducing reliance on expensive diesel and furnace oil. The tender comes after widespread outages last week, triggered by falling hydropower output and disruptions in LNG supply.
The shortage is largely linked to tensions in the Middle East, where Iran has restricted shipping through the Strait of Hormuz — a critical route for global energy trade. Pakistan has not received LNG cargoes loaded after the conflict escalated in late February, raising concerns over future supplies, especially from Qatar, its primary supplier.
With global LNG prices surging and supply outlooks tightening, Pakistan is now turning to alternative sources, including a potential deal with SOCAR. Experts warn that while renewables have helped ease pressure, the country remains vulnerable to external energy shocks, especially ahead of peak summer demand.
