Uncategorized

Iran Allows Pakistan Safe Passage for LNG Cargo from Qatar

Pakistan has secured safe passage for at least one Qatari LNG shipment through the Strait of Hormuz after negotiations with Iran, with the cargo now heading toward Karachi, Bloomberg reported.

The LNG vessel crossed the strategic waterway on Thursday and is expected to support Pakistan’s gas supply needs. The arrangement could also cover additional Qatari LNG cargoes in the future, according to the report.

The development comes as tensions around the Strait of Hormuz have raised among energy sellers over fuel shipments, with the route handling a significant share of international oil and LNG trade.

Pakistan relies heavily on imported LNG from Qatar to meet power generation, industrial, and domestic gas requirements. Any disruption in Hormuz could have affected energy supplies and increased pressure on the country’s fuel import bill.

The post Iran Allows Pakistan Safe Passage for LNG Cargo from Qatar appeared first on ProPakistani.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker