Pakistan scrambles for LNG as Iran crisis threatens fuel supplies

ISLAMABAD – Pakistan is racing to secure an emergency shipment of liquefied natural gas (LNG) amid rising tensions in the Strait of Hormuz, a key waterway for global energy shipments. State-owned Pakistan LNG has opened a new tender for a spot cargo, meaning a single immediate purchase, with delivery required between June 30 and July 4. The move signals growing concern over potential supply disruptions. The Strait of Hormuz, a narrow channel between Iran and Oman, handles about 20% of the world’s LNG trade. Recent military and political tensions in the region have raised risks of shipping delays or blockades. Pakistan relies heavily on imported LNG to run its power plants. Any interruption could lead to blackouts and industrial shutdowns, especially during the peak summer demand season. The government has not commented on the specific reason for the urgent tender, but analysts say the timing is directly linked to the unstable security situation in the Gulf.