Pakistan’s LNG supply resumes after nearly two months as Seapeak Magellan cargo docks at GasPort terminal

• Government plans another LNG cargo for May 10–12 delivery, procurement route under review between open bidding and SOCAR

Pakistan’s LNG supply resumed on Thursday after nearly two months, as the carrier Seapeak Magellan arrived at the Pakistan GasPort terminal and began injecting re-gasified LNG (RLNG) into the system, The News reported.

The vessel, carrying about 140,000 cubic metres of LNG, berthed at the terminal operated by Pakistan GasPort Consortium Limited between 10 am and 11 am. The cargo, arranged by TotalEnergies at $18.40 per mmbtu, is the first shipment to reach the country since a US-origin cargo arrived earlier.

RLNG injection started at 50 MMcf and continued at that level until 5 pm before being increased to 250 MMcf at 6 pm and later to 260 MMcf, based on available inventory. 

Of the total volume, 45 MMcf has been supplied to K-Electric, while the remaining gas has been routed through the Sui Northern Gas Pipelines Limited network.

Officials said the supply comes as demand is rising, providing support to the power sector. The Power Division stated that there was no load management as of April 30, partly due to the earlier diversion of 168 MMcf of local gas to power plants.

Authorities expect RLNG flows to help maintain system stability as temperatures increase. However, supply visibility remains uncertain.

Government sources said efforts are underway to arrange another LNG cargo for delivery between May 10 and 12. A decision is pending on whether procurement will be through open bidding or via the State Oil Company of Azerbaijan (SOCAR).

At the same time, the government is working to secure four LNG cargoes from Qatar that are currently delayed due to disruptions in the Strait of Hormuz. The issue has been taken up at the National Crisis Management Committee.

Federal Minister for Petroleum Ali Pervaiz Malik has also engaged with the Iranian ambassador in discussions related to safe passage of shipments.

Officials noted that a recent diesel shipment successfully transited through the Strait, which may support the clearance of delayed LNG cargoes in the coming weeks.