Pakistan LNG Seeks Emergency Cargo After Weekend Hormuz Flare-Up

AI Summary

Pakistan's state-owned LNG importer urgently seeks an LNG cargo amid volatility in the Strait of Hormuz due to renewed US-Iran tensions and threats to tankers. This request highlights Pakistan’s dependency on Middle Eastern LNG amid ongoing supply concerns.

Pakistan’s state LNG importer is urgently seeking to procure an LNG cargo for delivery this week, with offers due on June 29, as traffic through the Strait of Hormuz remains volatile amid persistent threats to tankers and reignited U.S.-Iran tensions. Pakistan LNG, the state-owned firm, has issued an “urgent request” for LNG cargo delivery between June 30 and July 4, per a tender document cited by Bloomberg. The Pakistani dependence on Middle Eastern LNG created a major gas supply and power crisis in March and April, when no LNG…