Ship carrying 4,000 tonnes of LPG docks at Port Qasim
A vessel carrying 4,000 metric tons of liquefied petroleum gas (LPG) from Bahrain arrived at Port Qasim on October 24, as Pakistan faces supply shortages and rising prices of the fuel. The vessel, Yellowstone, berthed at 8:42am, and port handling of the imported consignment has begun, the Port Qasim Authority (PQA) said in a press release on Sunday. The authority said the shipment reflected Port…
On October 24, a vessel named Yellowstone carrying 4,000 metric tons of liquefied petroleum gas (LPG) from Bahrain docked at Port Qasim, Pakistan. The port authority announced the arrival in a press release on Sunday, noting that handling of the imported shipment has commenced. The port's role in addressing energy needs of domestic and commercial users was highlighted.
The arrival of the LPG supply is significant as the country grapples with supply shortages and escalating prices of the fuel. LPG usage is prevalent among households, especially those without access to natural gas pipelines, and commercial establishments. The resumption of cross-border trade with Iran at the Gabd-Rimdan crossing, which was suspended for a week, is anticipated to aid in the movement of stranded trucks carrying LPG and other essential goods.
This additional imported supply may help alleviate LPG scarcity, although its effect on retail prices will hinge on the speed of distribution and prevailing market dynamics.
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