LNG

Pakistan likely to curtail LNG imports in the short-term but efforts are underway to maintain foreign direct investment in the local energy sector by opening up domestic gas distribution channels.

Since 2015, Pakistan has become one of the fastest growing LNG markets as the country has pushed to ramp up its LNG import capacity to alleviate chronic energy shortages that have led to a decade of electricity blackouts. Regulatory challenges did not deter investors and the country now boasts two LNG import terminals (FSRUs) near Karachi.

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