Pakistan diverts its 5th term LNG cargo to international market

ISLAMABAD: Pakistan has diverted its 5th LNG cargo to the international market which was due to arrive in June, a senior official of the Petroleum Division told this scribe.

Pakistan LNG Limited (PLL) earlier diverted 4 LNG cargoes which were due in February, March, April and May 2025 each from ENI — an Italian company under which PLL is bound to import one LNG cargo per month under the 15-year long-term agreement. Under the agreement, ENI provides PLL an LNG cargo a month at 12.14 percent of the Brent.

“This is being done because of the demand that SNGPL placed in its letter written on January 21, 2025, to the federal government seeking to divert 11-term LNG cargoes to be imported in 11 months of 2025 from ENI to the international market. This is because the Power Division has refused to increase the use of RLNG for power generation even during June, July and August, the peak summer season.”