Pakistan is in talks with Iran over additional supplies of Qatari LNG through the Strait of Hormuz
Kyiv • UNN
Pakistan has reached an agreement with Iran on the transit of Qatari LNG through the Strait of Hormuz. The first vessel has already delivered fuel to meet urgent demand.
Pakistan has held talks with Iran regarding permission for the transit of a limited number of Qatari liquefied natural gas (LNG) shipments through the Strait of Hormuz. This comes after Qatar sent its first LNG shipment since the start of the war. This was reported by Bloomberg, according to UNN.
Details
According to the publication, the vessel "Al Kharaitiyat," loaded at the Ras Laffan export plant earlier this month, exited the Strait of Hormuz and was in the Gulf of Oman. The vessel's final destination is Pakistan. According to available data, the tanker likely followed a northern route along the Iranian coast, which was agreed upon by Tehran.
This shipment is part of Pakistan's negotiations with Iran regarding additional batches of Qatari LNG through the Strait of Hormuz to help meet urgent demand, according to people familiar with the matter who asked not to be named because the talks are private. Pakistan recently decided not to purchase expensive LNG on the spot market, betting that it could secure some supplies from the Middle East,
According to the publication, the de facto closure of the Strait of Hormuz has significantly impacted global liquefied natural gas supplies. This has led to rising prices and shortages in Asian countries.
Vessels continue to face security threats as both Iran and the US have implemented a de facto blockade. While the voyage of the "Al Kharaitiyat" provides preliminary signs that LNG supplies may resume, it is far from pre-war levels, when approximately three shipments per day left the Persian Gulf,