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.
open_in_new
open_in_new
Read Full Article on Times of India
Original Article
Published on Times of India
● Neutral
Source: Times of India
open_in_new