{
  "id": 14732298,
  "title": "Pakistan Faces Winter Gas Shortages if Hormuz LNG Remains Choked",
  "url": "https://urgent.news/2026/10/15/pakistan-faces-winter-gas-shortages-if-hormuz-lng-remains-choked",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T15:30:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/Pakistan-Faces-Winter-Gas-Shortages-if-Hormuz-LNG-Remains-Choked.html"
  },
  "original_language": "en",
  "account": "Pakistan anticipates facing significant natural gas shortages during the upcoming winter months due to the ongoing disruption of LNG flows from the Strait of Hormuz, according to Masood Nabi, CEO of Pakistan LNG Limited. Nabi addressed this issue at the WPC Energy Congress in Riyadh, emphasizing that the primary obstacle hindering Pakistan's access to gas is the severely disrupted LNG transit through the Strait of Hormuz. Despite considering the possibility of increasing domestic natural gas production to compensate for the lost LNG supply from the Middle East, Pakistan has largely relied on Qatar for its LNG imports, sourcing 99% of its needs under term contracts last year. Following Iran's March attack on Qatar's Ras Laffan LNG export hub, causing force majeure conditions, Pakistan has been compelled to purchase LNG on the spot market at significantly higher costs. This shift has resulted in increased power generation expenses for Pakistan, with some LNG cargoes from Qatar finally reaching the country under assurances from Iran. However, securing these occasional shipments has led to buyers competing for spot LNG supplies, causing prices to soar. To ensure sufficient LNG for the winter, Pakistan must purchase an additional 10 cargoes through the spot market between November 2026 and February 2027, at prices more than double those of Qatar's term supplies. This move will cost Pakistan over $1 billion, as Asian and European buyers vie for the limited winter LNG supplies amidst the ongoing disruptions to Qatari term imports.",
  "summary": "Pakistan faces challenging winter months with potential natural gas shortages as the Qatari and UAE LNG flows from the Strait of Hormuz remain severely disrupted, the head of the Pakistani state-owned LNG importer said on Thursday. Masood Nabi, chief executive officer of Pakistan LNG Limited (PLL), told the WPC Energy Congress in Riyadh that winter for Pakistan will be challenging, Upstream…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}