Pakistan Pulls Back on LNG as Cheaper Fuels Take Over ...Middle East

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Pakistan Pulls Back on LNG as Cheaper Fuels Take Over
source : OILPRICE ( Middle East ) () 118
Pakistan is scaling back its dependence on imported LNG as volatile global prices and a weakened currency strain its economy. The government is deferring gas deliveries and turning instead to coal, hydropower, and nuclear energy to stabilize supply and reduce import costs. Cheaper coal and expanding hydro and nuclear capacity, much of it financed by China, are reshaping the country’s power mix. Yet persistent debt, rigid contracts, and grid inefficiencies keep electricity among the most expensive in South Asia. Pakistan’s main buyer…

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