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Pakistan Among Asia’s Worst Hit by LNG Disruptions: Report

Pakistan is among the Asian countries most exposed to LNG supply disruptions following the closure of the Strait of Hormuz, … Read More The post Pakistan Among Asia’s Worst Hit by LNG Disruptions: Report appeared first on ProPakistani .

Pakistan Among Asia’s Worst Hit by LNG Disruptions: Report

Pakistan is among Asia's most vulnerable countries to LNG supply disruptions following the closure of the Strait of Hormuz, according to a Gastech report. Qatar and the UAE supply about 99 percent of Pakistan's LNG, which accounts for 30 percent of the country's total gas supply and is mainly used for power generation, fertilizer production, and industrial activity.

The heavy reliance on Gulf suppliers leaves Pakistan particularly exposed when shipping through the Strait of Hormuz is disrupted, which carries about 20 percent of global LNG transit. The report suggests that Pakistan and other Asian economies could reduce their exposure by accelerating renewable energy projects, increasing investment in energy storage, and improving energy security through gas storage, flexible power plants, and strategic fuel stocks.

Brief written by urgent.news from ProPakistani's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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