99GOLD.NET · Market brief · Economy & rates

Pakistan Weighs Direct LNG Imports for Power Plants to Ease Energy Crisis

Pakistan’s government is considering allowing power plants and private firms to directly import LNG procured on the spot market as the country has been struggling with an energy crisis since the Iran war crippled Qatar’s term supplies. Pakistan’s Energy Ministry has proposed easing the existing regulation to allow private companies to directly import LNG, a source with knowledge of the deliberations has told Bloomberg. Current regulations do not easily allow private players to tap the spot market, which has long been the realm…