There is a possibility of a possible LNG gas crisis in Pakistan. The tender floated by the Pakistan government last month has failed to woo the LNG trading companies. According to a report by a news agency of Pakistan, the country may face a potential crisis regarding liquefied natural gas (LNG) in the coming months, as it will not be able to import enough LNG from other countries. According to local media reports, Pakistan will not be able to import 1.2 bcfd (billion cubic feet per day) of LNG in December and January. Instead the country will be able to import only 900 mmcfd every month with a shortfall of 300 mmcfd (million cubic feet per day).
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A senior official of the country’s energy ministry told The News International, “This trouble could prove to be a big threat to the government and the common citizens after a long time. He said that the local gas production has fallen to 2.8 bcfd and the country Can import only 1.2 bfcd of LNG. It may require more in the coming winters. In winters the demand rises to 5 bfcd, while the country will be able to get only 3.7 bcd of LNG from eight LNG cargoes in December and January. Because the government had failed to procure it.”
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Furthermore, media reports claimed that even if the Pakistan government was able to convince the LNG trading companies, it would not be able to supply enough energy to the country during the peak season. According to experts, the intensity of the gas crisis may increase to a level where the Imran Khan government will not be able to provide gas to the power and export sector. “This means that the country’s economic and industrial activities will almost come to a standstill in December and January,” the official told The News International.
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