LNG
Pakistan Forced to Buy Costliest LNG Cargo in Four Years as Global Supply Tightens
Pakistan has been compelled to purchase one of its most expensive liquefied natural gas (LNG) cargoes in the past four years as geopolitical tensions in the Middle East continue to disrupt global energy markets. The latest procurement reflects the growing pressure on LNG-importing countries as supply constraints push spot prices higher across Asia. According to […]
Three Fertilizer Plants Halt Urea Production Due to LNG Supply Shortage
Pakistan’s fertilizer sector has been affected by a shortage of re-gasified liquefied natural gas (RLNG), forcing three major urea manufacturing plants to suspend operations. The shutdown follows the federal government’s decision to curtail RLNG supplies in response to the prevailing regional situation, raising concerns about fertilizer production and supply in the coming weeks. The affected […]
SBP Relaxes Forex Rules to Accelerate Energy Imports Amid Rising Demand
The State Bank of Pakistan (SBP) has introduced new measures to ease foreign exchange regulations, aiming to streamline the import of essential energy resources. The move comes as Pakistan navigates global market volatility and increasing domestic energy requirements. In a recent circular issued to authorized dealers, the central bank allowed commercial banks to issue financial […]