CommoditiesMedium•5 November 2026•
1 min read
Pakistan Seeks Spot LNG Cargoes After Qatari Supply Disruption Near Hormuz
Key Facts
1Pakistan has invited international bids for two LNG cargoes for delivery in December and January.
2Spot LNG prices have surged to $33 per MMBTU, more than double the $14 per MMBTU previously paid.
3Disruptions to Qatari supplies follow an attack on the LNG carrier Al Mayeda near the Strait of Hormuz.
Pakistan has invited international bids for two LNG cargoes for delivery in December and January. Arab News PK reported that the tender follows disruptions to Qatari supplies after an attack on the LNG carrier Al Mayeda near the Strait of Hormuz.
Spot LNG prices have surged to $33 per MMBTU, more than double the $14 per MMBTU previously paid by Pakistan. This price spike forces the country to replace its long-term contracted Qatari gas with expensive spot market purchases to prevent energy shortages during the peak winter season.