Pakistan Receives 2nd Qatari LNG Cargo of the Month

Pakistan has received its second Qatari LNG cargo of the month, with the vessel Shandong Redwood arriving from Qatar and berthing at the PGPL terminal on Wednesday morning under the long-term LNG agreement at a cost equivalent to 13.37 per cent of Brent.

Key points

• Raw gas supplies from the Qadirpur field to Liberty Power have remained suspended since 10: 55am on September 17 over non-payment.
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• The vessel crossed the Strait of Hormuz on September 7 under the government-to-government LNG arrangement between Pakistan and Qatar.
• Gas input from MOL's CPF was reduced by 158 MMcfd since of an operational challenge, with current input documented at 154 MMcfd.
• The latest cargo was additionally secured at a rate equivalent to 13.37 per cent of Brent.

This is the second consecutive Qatari LNG cargo received by Pakistan this month. The first cargo arrived and berthed at the Engro terminal on September 10. For both shipments, Pakistani authorities engaged diplomatically with Iranian authorities to facilitate the smooth passage of the LNG vessels through the Strait of Hormuz.

For context, the latest shipment provides some relief to Pakistan's power sector against the backdrop of continued gas supply constraints and prolonged load shedding in a number of areas.

When the carrier Al-Marrouna arrived carrying around 81, 936 metric tonnes of LNG from Qatar's Ras Laffan terminal, pakistan received its first Qatari LNG cargo of the month on September 10. The vessel crossed the Strait of Hormuz on September 7 under the government-to-government LNG arrangement between Pakistan and Qatar.

For context, the latest cargo was additionally secured at a rate equivalent to 13.37 per cent of Brent. The extra LNG is anticipated to provide temporary backing to the power sector. It is at present facing a number of hours of load shedding in parts of the country.

Pakistan relies heavily on imported LNG to meet the requirements of the power and industrial sectors. Any prolonged disruption to LNG shipments through the Strait of Hormuz could result in higher procurement costs, tighter gas availability and extra pressure on electricity generation. Petrol Remains Above Rs. 390 After Another Decline.

Qatar, meanwhile, has continued diplomatic engagement with Iran and other regional countries while maintaining its position as a major global LNG supplier. For Islamabad, the latest cargo provides some breathing room, but the safe passage of future LNG shipments through the Strait of Hormuz remains critical to maintaining supplies to Pakistan's energy system.

Notably, the development comes as Pakistan continues to closely monitor gas supplies throughout its transmission network. While the power sector was consuming around 208 MMcfd of gas, data for September 21 indicated line-pack at 4, 792 MMcf.

Gas consumption by the fertiliser sector remained steady at 89 MMcfd, unchanged from the previous day. Meanwhile, domestic gas production has faced disruptions at a number of fields.

Gas input from MEL's GTH plant was additionally reduced by 37 MMcfd on September 20 as of its annual turnaround. Current gas input from the plant stands at 52 MMcfd. The Nashpa plant documented an 83 MMcfd reduction in gas input after an matter at the facility, with current input standing at 83 MMcfd.

Despite these disruptions, authorities stated there is at present no forced curtailment of gas from any source on the SNGPL network. Stay Connected with ProPakistani.

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For now, pakistan Receives 2nd Qatari LNG Cargo of the Month remains the part of the story worth watching, and further updates are likely as more details are confirmed.