Pakistan Energy Crisis 2026 Worsens as LNG Supply Shrinks
Pakistan Energy Crisis 2026 is intensifying as global LNG supplies tighten after the Gulf war. The country depends heavily on imported gas for electricity. However, supply disruptions now threaten power generation. Officials warn that shortages could hit within days if conditions do not improve.
LNG Supply Disruptions Increase Pressure
Pakistan relies mainly on LNG imports from Qatar and the United Arab Emirates. In fact, Qatar supplied almost all LNG imports last year. However, the ongoing conflict forced Qatar to halt production, which disrupted supply.
As a result, both LNG terminals have reduced operations sharply. One terminal may run out of gas very soon. Therefore, officials fear a complete shutdown by the end of the month.
Earlier, Islamabad requested QatarEnergy to redirect cargo shipments. It also approached suppliers like Eni for rescheduling deliveries. However, global demand increased quickly, which made these efforts unsuccessful.
High Prices Deepen the Crisis
Pakistan has tried to secure LNG from Europe, the United States, and other regions. However, high prices have blocked most deals. Spot LNG prices have surged to about $23 per MMBtu.
In addition, shipping costs have increased due to longer routes and delays. This situation has raised overall import expenses. As a result, Pakistan may switch to furnace oil and other expensive fuels.
Energy experts warn that the crisis could last longer than expected. Pakistan GasPort leadership predicts a difficult year ahead. Moreover, challenges may continue for two or three more years.Therefore, Pakistan Energy Crisis 2026 highlights serious risks for the economy. The country must act quickly to secure supply and reduce dependence on LNG.
