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People familiar with the matter said that Pakistan is considering allowing power plants and other private enterprises to import liquefied natural gas directly. The Government hopes to use this to stabilize the energy supply without further increasing the financial pressure on the country. The two LNG terminals in Pakistan have been largely idle since March. The Middle East conflict has almost cut off gas from Qatar, its biggest supplier. The current regulations are very restrictive. Other than the state-owned Pakistan LNG Company, it is difficult for other purchasers to purchase LNG shipments from the spot market. People familiar with the matter said that the Petroleum Department of the Ministry of Energy of Pakistan has submitted a proposal to drastically expand the scope of auctions for idle production capacity at receiving stations and allow private enterprises to directly import LNG. Relevant information has not been made public. A director general of the Department of Petroleum has yet to respond to a request for comment.
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People familiar with the matter said that Pakistan is considering allowing power plants and other private enterprises to import liquefied natural gas directly. The Government hopes to use this to stabilize the energy supply without further increasing the financial pressure on the country. The two LNG terminals in Pakistan have been largely idle since March. The Middle East conflict has almost cut off gas from Qatar, its biggest supplier. The current regulations are very restrictive. Other than the state-owned Pakistan LNG Company, it is difficult for other purchasers to purchase LNG shipments from the spot market. People familiar with the matter said that the Petroleum Department of the Ministry of Energy of Pakistan has submitted a proposal to drastically expand the scope of auctions for idle production capacity at receiving stations and allow private enterprises to directly import LNG. Relevant information has not been made public. A director general of the Department of Petroleum has yet to respond to a request for comment.
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