Pakistan Seeks to Defer 177 Qatari LNG Cargoes Amid $5.6B Contract Burden ...Middle East

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Pakistan Seeks to Defer 177 Qatari LNG Cargoes Amid $5.6B Contract Burden
source : OILPRICE ( Middle East ) () 112
Pakistan is preparing to ask Qatar to defer long-term liquefied natural gas (LNG) deliveries as weak domestic demand collides with a heavy import schedule, according to local press and Bloomberg reporting. The Economic Coordination Committee (ECC) last week authorized the Petroleum Division to renegotiate contract terms, potentially pushing back obligations covering 177 cargoes between 2025 and 2031. The ECC decision reflects mounting pressure on Islamabad’s foreign exchange reserves and a $5.6 billion burden tied to the existing purchase…

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