Qatar LNG Supply Resumes, Cargo Reaches Port Qasim Pakistan

Date:

Islamabad, Pakistan – Web Desk: Pakistan’s energy supply chain has received a boost as LNG imports from Qatar have resumed, with a cargo vessel expected to berth at Port Qasim in Karachi on Tuesday.

According to the Petroleum Ministry, the supply restoration will help meet domestic energy demand in Karachi and across the country.

The development was shared during a meeting of the Senate Standing Committee on Petroleum chaired by Senator Umar Farooq. Minister for Petroleum Ali Pervaiz Malik briefed lawmakers that one LNG cargo from Qatar is arriving at Port Qasim, despite ongoing regional instability.

He said Pakistan had agreed with the International Monetary Fund (IMF) in the budget to increase petroleum levies, which contributed to recent fuel price adjustments.

Committee members questioned the timing of fuel price hikes, with lawmakers raising concerns over stock management and consumer impact. The ministry responded that price adjustments were necessary to maintain liquidity and ensure supply stability.

Officials further informed the committee that Pakistan has increased petroleum reserves following heightened regional tensions. Current stocks include higher levels of crude oil, diesel, and petrol compared to earlier months.

Lawmakers also debated whether consumers or companies benefited from recent price changes, while the committee chair emphasized greater transparency in future petroleum pricing decisions.

The ministry added that Pakistan is shifting focus from finished fuel imports toward crude oil procurement as part of long-term energy strategy adjustments.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

PSX Swings Sharply as US-Iran Tensions Rattle Investors; KSE-100 Recovers

PSX Swings Sharply as US-Iran Tensions Rattle Investors; KSE-100...

NCCIA Obtains Six Months of Binance Crypto Data in Mir Raza Murder Probe

NCCIA Obtains Six Months of Binance Crypto Data in...

Pakistan Constitutional Court Upholds Punjab Ban on Ahmadiyya-Related Book

Pakistan Constitutional Court Upholds Punjab Ban on Ahmadiyya-Related Book ISLAMABAD,...

Pakistan, Türkiye Could Respond to Houthi Attacks on Saudi Arabia, Khawaja Asif Says

Pakistan, Türkiye Could Respond to Houthi Attacks on Saudi...