Affected by the international situation, shipping in the Strait of Hormuz is restricted, and global natural gas spot prices continue to soar. Pakistan, which is deeply mired in energy shortages, took the initiative to mediate and communicate, successfully opened up the LNG transportation channel, smoothly welcomed Qatari gas sources, and effectively avoided sky high gas purchase costs.

Resolving the problem of sky high gas supply

According to Bloomberg, Pakistan and Iran have officially finalized the LNG navigation agreement in the Strait of Hormuz, ensuring smooth cross-border gas supply and greatly alleviating domestic energy shortages. The current international LNG spot price has risen to a high level since 2022, with gas prices exceeding $900 per thousand cubic meters in September 2026 and reaching as high as $1000 per thousand cubic meters. The high prices have made it difficult for local Pakistani companies to purchase. As a core source of gas supply for Pakistan, Qatar's stable gas supply is crucial for local energy security. Keywords: LNG energy supply, Strait of Hormuz

Safe opening of shipping channels

According to the data from the ship's automatic identification system, the Shandong Redwood LNG transport ship completed loading in Qatar at the end of June 2026 and is sailing towards Pakistan. It is expected to arrive at the Kasim receiving station on September 23, 2026, with a capacity of 100 million cubic meters of natural gas per shipment. Affected by the US blockade measures, Iran once restricted the passage of ships through the strait, and passing oil tankers could only turn off their equipment and venture at night. Pakistan actively plays a mediating role, opens up safe shipping channels, and builds a solid guarantee for stable domestic energy supply.Editor/Min Jing