Pakistan has received its second Liquefied Natural Gas (LNG) cargo from Qatar after the tanker Shandong Redwood docked at Karachi Port.
The Bermuda-flagged vessel berthed at the PGPL Terminal. The cargo was supplied under a long-term agreement, with the price set at 13.37 percent of the Brent crude oil price.
Pakistan had contacted Iranian authorities to arrange safe passage for the shipment through the Strait of Hormuz. Shipping through the waterway remains severely disrupted by hostilities between Iran and the United States.
Tehran has largely restricted commercial traffic since military clashes escalated earlier this year, triggering global supply shocks and pushing up energy prices.
According to the Automatic Identification System (AIS) data of the vessel available online, the tanker left hte Ras Laffan export terminal in Qatar on June 28. It was anchored at Al Hamriyah in the United Arab Emirates from September 7 before making its final transit to Karachi.
This is the tenth LNG cargo Pakistan has received since April, including one delivered earlier this month. The Power Division is expected to receive relief from the new shipment.
Pakistan depends heavily on Qatari LNG for its power grid. During the high-demand season, the country requires four to five cargoes a month to sustain about 5,000 megawatts of LNG-fired generation. Delayed deliveries have strained the grid, forcing authorities to impose rolling blackouts of up to 12 hours.
Natural gas accounts for roughly 17 percent of power generation in Pakistan, alongside coal, hydropower and nuclear energy.
