As supplies were blocked due to the conflict in the Middle East, Pakistan and Bangladesh were forced to buy the most expensive liquefied natural gas in years. According to people familiar with the deal, Pakistan's state-owned LNG company bought a batch of goods at a price of around $21.88 per million British thermal units on Monday, the highest price since 2022. These traders said that state-owned buyers in Bangladesh purchased at least a batch of August goods at a higher price last week. The price is about double the long-term procurement and supply price of the two countries from Qatar.
Zhitongcaijing · 2d ago
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As supplies were blocked due to the conflict in the Middle East, Pakistan and Bangladesh were forced to buy the most expensive liquefied natural gas in years. According to people familiar with the deal, Pakistan's state-owned LNG company bought a batch of goods at a price of around $21.88 per million British thermal units on Monday, the highest price since 2022. These traders said that state-owned buyers in Bangladesh purchased at least a batch of August goods at a higher price last week. The price is about double the long-term procurement and supply price of the two countries from Qatar.
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