March 17, 2025 08:57 GMT
LNG: Pakistan In Talks To Divert Further Eni LNG Cargoes
LNG
Pakistan is in talks with Eni to divert LNG shipments due to be delivered over the next several months, Bloomberg reports citing trading sources.
- Eni has already agreed to divert shipments for February, March and April, Bloomberg reports.
- According to TheNews, Pakistan LNG is seeking to divert the remaining 8 Eni LNG cargoes scheduled across May to December 2025.
- Pakistan LNG has a long-term contract to buy one LNG shipment per month from Eni.
- Pakistan also recently diverted 5 LNG cargoes from Qatar to 2026, which were scheduled to arrive in 2025.
- Pakistan currently imports around 120-140 LNG cargoes annually, mostly under long-term contracts.
- The nation is facing a gas surplus amidst low industrial demand, Bloomberg reports.
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