economy

Pakistan Negotiates with Iran on Transit of Qatari Liquefied Gas Shipments

PAKISTAN – Pakistan is in negotiations with Iran to allow the transit of a limited number of liquefied natural gas (LNG) shipments from Qatar through the Strait of Hormuz, Bloomberg reports.

Pakistan Negotiates with Iran on Transit of Qatari Liquefied Gas Shipments

TL;DR

  • Pakistan is negotiating with Iran for transit of Qatari LNG through the Strait of Hormuz.
  • A ship carrying LNG from Qatar has apparently used a northern route through the strait, approved by Tehran.
  • Pakistan is experiencing gas shortages and frequent power outages.
  • Iran has increased control over the Strait of Hormuz since the start of the war, posing security risks.
  • Qatar's LNG exports have been impacted by the ongoing conflict, with reduced shipments.