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Pakistan Turns to Qatari LNG as Senate Seeks Audits After Fuel Price Spike

Cheaper cargoes could reduce the hit to consumers during a tight gas market.

Overview

  • Qatari LNG supplies, expected Tuesday at Karachi with the tanker Mihzem due May 12 at Port Qasim, are set to boost near‑term gas availability.
  • Pakistan LNG Limited rejected two high‑priced spot offers, a step officials said avoids about $22 million on one cargo and secures $22–50 million in savings across two shipments.
  • The government diverted gas to urea plants to head off a fertilizer shortage after di‑ammonium phosphate imports tightened.
  • A Senate committee pressed for audits of oil marketing companies after last month’s petrol hike, arguing firms gained from fuel bought at lower prices.
  • A new joint stock check with OGRA, the FIA and the Intelligence Bureau now tracks fuel every two weeks, while lawmakers also demanded action on LPG overpricing and raised concerns over gas access gaps and CNG closures in Khyber Pakhtunkhwa.