برنت $101.4 +2.1%WTI $97.8 +1.7%دلار ۶۸٬۲۰۰ -0.3%طلا $2,410 +0.4%گاز $3.85 +3.0%برنت $101.4 +2.1%WTI $97.8 +1.7%دلار ۶۸٬۲۰۰ -0.3%طلا $2,410 +0.4%گاز $3.85 +3.0%
Pakistan Negotiates for LNG Shipment Passage from Iran
Analysis

Pakistan Negotiates for LNG Shipment Passage from Iran

تصویر: تولید هوش مصنوعی

By 3 min Read time 98,043

Pakistan has negotiated with Iran for the passage of an LNG (liquefied natural gas) shipment through the Strait of Hormuz. After passing through the waterway, the shipment was transferred to Pakistan's import facilities. This action takes place at a time when the passage of ships through the Strait of Hormuz still faces serious restrictions, and the flow of LNG from the Persian Gulf has significantly decreased compared to the pre-war period.

Impact of War on LNG Trade

Before the war began, the passage of LNG through the Strait of Hormuz was considered a normal part of energy trade in Asia. On average, about three LNG shipments passed through this route daily, with Qatar's exports alone accounting for nearly one-fifth of the global LNG supply. However, the war disrupted this trade, and on September 10, only seven ships passed through this waterway, a figure that is significantly lower than the daily average of about 125 ships before the war.

Pakistan's Negotiation with Iran

In this context, the passage of LNG from Qatar to Pakistan is no longer a routine move. Negotiations between officials from Pakistan and Iran have paved the way for the safe passage of this shipment. This issue indicates that Pakistan's energy security has become dependent on the relations between Tehran and Islamabad. Pakistan continues to rely on LNG imports to meet its energy needs, with Qatar being one of the main suppliers for the country.

The Pakistani government is striving to ensure the energy supply chain by strengthening cooperation. These negotiations are not limited to a single shipment but are part of broader efforts to maintain sustainable energy supply. The relationship between Iran and Pakistan has been more recognized in recent years through projects like the gas pipeline, but the Hormuz crisis has revealed new realities.

Given the rising prices of LNG in global markets, Pakistan is compelled to turn to other sources to meet its needs. This situation highlights the serious challenges facing Islamabad in securing energy and further underscores the country's dependence on foreign suppliers. Therefore, the passage of an LNG shipment through Hormuz is not only a shipping news but also a sign of profound changes in the region's energy economy.

Source: tabnak.ir