Pakistan faces severe gas crisis due to 27pc less LNG procurement - News Summed Up

Pakistan faces severe gas crisis due to 27pc less LNG procurement


The country will import 10 LNG cargoes in December, instead of 12, as the state owned PLL received no bids for December 2021, and January 2022 spot purchase tenders. As per the data, in December against the demand of 4474 mmcfd 3757 mmcfd gas will be available, which is 717 mmcfd less than demand. In January 2022 also the supply of LNG is 950 mmcfd which is less than previous January. The total shut down of gas supply to general industry (Non export) is also on the card. During winters a demand spike occurs in local gas circuit which cannot be plugged by imported LNG till WACOG legislation.”


Source: The Nation November 22, 2021 19:01 UTC



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