Pakistan gagging for more gas
Declining domestic natural gas production and delayed import schemes could cause problems
Since the first liquefied natural gas import terminal in Pakistan started up in 2015, at Port Qasim in Karachi, the nation's leaders have been making grand claims about how quickly LNG might solve Pakistan's severe and chronic energy shortages. A second LNG terminal came on stream in November 2017, after a few months of delay, and several others are in various stages of development. However, expectations that LNG imports might grow to 30m tonnes a year by the early 2020s—which would make Pakistan the fastest-growing LNG market ever—are today looking over-optimistic. Dependent on natural gas for around half of its primary energy, Pakistan has for well over a decade suffered a supply shortage
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
