Mirzali Khan
SENIOR MEMBER
- Joined
- Sep 25, 2020
- Messages
- 5,857
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Pakistan’s energy crisis is poised to get worse in July ️
Pakistan is struggling to secure enough LNG for early-July amid a global fuel shortage
For the 2nd time this month, Pakistan was forced to scrap an LNG spot purchase tender (the supplier’s offer was disqualified)
Pakistan has failed to receive a single qualifying bid in two tenders seeking a July 3-4 delivery LNG cargo
This appears to be a combination of bad luck and general market tightness. There are few suppliers available to offer an early July shipment to South Asia
Meanwhile, Karachi (Pakistan’s business capital) is facing citywide planned blackouts
Power demand is surging due to the heat, and the utility isn’t able to generate enough electricity
@Sainthood 101 @PakSarZameen47 @Menace2Society @Pakstallion @Vapnope @Bleek @Areesh @DESERT FIGHTER @Desert Fox 1@N.Siddiqui @Norwegian @TNT @Imad.Khan @Dalit @ziaulislam @EternalMortal @lastofthepatriots @WarKa DaNG @Warking @Talwar e Pakistan @WinterFangs @kingQamaR @Menace2Society @Indus Pakistan @Ghazwa-e-Hind @Norwegian @PakFactor @akramishaqkhan@Faqirze @pakpride00090 @MultaniGuy @Abid123@Goritoes @SecularNationalist@PakistaniandProud @PAKISTANFOREVER @Dual Wielder
Pakistan is struggling to secure enough LNG for early-July amid a global fuel shortage
For the 2nd time this month, Pakistan was forced to scrap an LNG spot purchase tender (the supplier’s offer was disqualified)
Pakistan has failed to receive a single qualifying bid in two tenders seeking a July 3-4 delivery LNG cargo
This appears to be a combination of bad luck and general market tightness. There are few suppliers available to offer an early July shipment to South Asia
Meanwhile, Karachi (Pakistan’s business capital) is facing citywide planned blackouts
Power demand is surging due to the heat, and the utility isn’t able to generate enough electricity
@Sainthood 101 @PakSarZameen47 @Menace2Society @Pakstallion @Vapnope @Bleek @Areesh @DESERT FIGHTER @Desert Fox 1@N.Siddiqui @Norwegian @TNT @Imad.Khan @Dalit @ziaulislam @EternalMortal @lastofthepatriots @WarKa DaNG @Warking @Talwar e Pakistan @WinterFangs @kingQamaR @Menace2Society @Indus Pakistan @Ghazwa-e-Hind @Norwegian @PakFactor @akramishaqkhan@Faqirze @pakpride00090 @MultaniGuy @Abid123@Goritoes @SecularNationalist@PakistaniandProud @PAKISTANFOREVER @Dual Wielder