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Pakistan Buys Emergency LNG Shipment on Disrupted Qatar Exports

Pakistan Buys Emergency LNG Shipment on Disrupted Qatar Exports
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Energy Pakistan Buys Emergency LNG Shipment on Disrupted Qatar Exports Pakistan purchased a liquefied natural gas shipment for prompt delivery this week as tension in the Strait of Hormuz continues to disrupt Qatari exports to the South Asian nation. State-owned Pakistan LNG Ltd. bought the cargo for June 30 to July 4 delivery from BP Plc at $16.74 per million British thermal units on Monday, according to traders with knowledge of the matter. For comparison, the spot price for Asia traded in...

Energy Pakistan Buys Emergency LNG Shipment on Disrupted Qatar Exports Pakistan purchased a liquefied natural gas shipment for prompt delivery this week as tension in the Strait of Hormuz continues to disrupt Qatari exports to the South Asian nation. State-owned Pakistan LNG Ltd. bought the cargo for June 30 to July 4 delivery from BP Plc at $16.74 per million British thermal units on Monday, according to traders with knowledge of the matter. For comparison, the spot price for Asia traded in the $15s per million Btu that day, the traders said.
Pakistan Buys Emergency LNG Shipment (ORG) Pakistan (LOCATION) the Strait of Hormuz (LOCATION) Qatari (ORG) South Asian (ORG) Pakistan LNG Ltd. (ORG) BP Plc (ORG) British (ORG) Asia (LOCATION)
Originally published by Bloomberg Markets Read original →