ISLAMABAD: Pakistan received a 141,550-cubic-metre Qatar LNG cargo on August 10, 2026, after a Strait of Hormuz delay.
The Al Areesh berthed at Pakistan GasPort Limited (PGPL) under Pakistan’s government-to-government agreement with Qatar. Officials said the August 10 cargo used a contract formula equal to 13.37% of the Brent price.
They put spot LNG above USD 21.12 per million British thermal units (MMBtu) on August 10. Officials said the contract formula made the shipment cheaper than current spot supplies. Al Areesh turned back from the Strait of Hormuz on July 31 amid Gulf tensions.
Officials said Prime Minister Shehbaz Sharif and Petroleum Minister Ali Pervaiz Malik helped secure the vessel’s passage. They also credited the National Crisis Management Cell.
Read: OGRA Raises July RLNG Distribution Prices Up to 34.62%
QatarEnergy declared force majeure on March 4 after a March 2 attack on its Ras Laffan facilities. Officials said the company later extended the disruption affecting Pakistan until August.
Pakistan bought a 140,000-cubic-metre spot cargo on July 27 to cover disrupted long-term deliveries. A total of 14 cargoes were listed as total arrivals as of August 10.
Read: Pakistan LNG Cargo Costs $21.88 per MMBtu, 2026 High
Officials estimated that electricity generated from imported LNG was priced at PKR 35.50 per unit on August 10.
Officials said Engro Elengy Terminal Pakistan Limited (EETPL) and PGPL were processing stored LNG. One terminal could receive another QatarEnergy cargo after clearing its inventory, they added.
