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Faulty coal & LNG policies

In 2015, Pakistan’s rulers stood before the nation, proclaimed coal, and liquefied natural gas (LNG) plants as “game changers”. The fanfare was loud, the ribbon-cuttings grand, and the speeches triumphant.…

RLNG: Supply glut or policy failure?—II

The current financial stress in the gas sector is partially obscured by elevated LNG spot prices, which are currently above Pakistan’s LNG contract price. However, with over 174 MTPA of…

LNG market and its challenges — I

Since the beginning of the last few decades, LNG has become an extremely popular source of energy and many countries irrespective of their economic prosperity, they all have been converting…

LNG procurement: global challenges

During the COP26 conference last November in Glasgow, LNG was identified as the transition fuel for migrating to the renewable energy. Since then, LNG market has become very volatile, and…

Asia oil and LNG markets are both swamped

Asian markets for liquefied natural gas (LNG) and oil are closely related, and both now awash in oversupply. But while data shows forward oil prices rising, LNG prices for future…