Categories: Business

Pakistan backtracks on energy gamble, buys emergency LNG as Qatar exports stay in limbo

Pakistan has urgently secured a liquefied natural gas shipment amid ongoing disruptions in the Strait of Hormuz impacting Qatari exports. The nation’s energy supply chain faces strain due to regional tensions, forcing reliance on costly spot market purchases. These incidents, including attacks on vessels, have halted Qatar’s LNG flows, creating global energy market volatility and exacerbating Pakistan’s economic pressures, including rising inflation.

The News Vista

Share
Published by
The News Vista

Recent Posts

No 2800 km dash this time: Qamran Iqbal arrives early, ready for Duleep Trophy challenge

Called up less than 24 hours before the Ranji Trophy final, Qamran Iqbal travelled nearly…

21 minutes ago

ABVP, Left-leaning student groups clash on Jadavpur University campus

A clash erupted between ABVP and Left student groups at Jadavpur University early Thursday. Several…

42 minutes ago

In the 1970s, man bought part of Washington island; now he’s its only resident

Protection Island in Washington was once planned as a holiday community with 800 homes. Marty…

42 minutes ago

‘Awarapan 2’ BO Day 2: Emraan Hashmi sequel eyes Rs 110 crore India net

Emraan Hashmi's 'Awarapan 2' is wrapping up its first week in theatres on a commanding…

45 minutes ago

4 killed, 7 injured in accident inside Hanogi tunnel in Himachal

A tragic accident unfolded within Hanogi tunnel, claiming the lives of four individuals and leaving…

49 minutes ago