LNG

Pakistan is running furnace oil-fired power plants at full capacity and has delayed nuclear‑plant maintenance after LNG supply disruptions slashed gas‑fired generation to roughly 500 MW, down from 6000 MW installed capacity.

Europe is turning to the US as the most flexible source of replacement gas for lost Qatari volumes, with the share of US LNG soaring to nearly 60% of all LNG arrivals into the EU since the Iran war escalated, according to Kpler data.

Buyers in the EU have been snapping up all LNG from Russia’s Yamal terminal they can secure, just month before a full EU ban on Russian gas exports will take effect at the start of 2027.