Qatar has shut down its Liquefied Natural Gas (LNG) production plant after the strikes from Iran, raising fears of a probable huge gas crisis in Pakistan.
Foreign media have reported that a key production zone in Qatar was targeted in the attacks. This is the same area from which Qatar exports LNG to countries around the world.
This decision made by Qatar has severely affected global gas supplies. There is also a strong probability that Pakistan will also experience its effects.
Along with the attacks, the closure of the Strait of Hormuz has further complicated the situation. This has completely halted the transportation of Qatari gas.
What Qatar LNG plant shutdown mean for Pakistan?
The suspension of LNG supplies from Qatar could trigger an energy crisis in Pakistan.
Pakistan imports approximately five LNG cargoes per month from Qatar to meet a major portion of its energy needs.
This means that if the supplies remain suspended, the country could face a severe gas shortage. The effects have started to show already.
According to the Government of Pakistan, the country currently has oil and gas reserves sufficient for only 25 days.
If tensions persist for a prolonged period, Pakistan may face an acute energy crisis.
In view of the situation arising after the Iran US war, the Oil and Gas Regulatory Authority (OGRA) has sought daily LPG stock details from all LPG marketing companies.
OGRA has warned that strict action will be taken against any company selling LPG above the notified price or involved in hoarding.
Karachi becomes first casualty of Qatri plant shutdown
The tense situation in the Middle East has affected the supply of RLNG. This has intensified the gas crisis in Karachi. Gas supply is being suspended after 9:00 am in the city.
The disruption in RLNG supply has created a shortfall in the SSGC system. According to sources, Karachi is currently receiving 650 million cubic feet per day (MMCFD) of gas through natural gas. While a reduction of 80 MMCFD in RLNG supply has worsened the crisis.
Which areas of Karachi are being affected?
Large parts of the city, including New Karachi, North Karachi, Surjani Town, Federal B Area, Shadman Town, Nazimabad, Liaquatabad, Gulshan e Iqbal, Garden, Lea Market, and Orangi, are facing severe difficulties due to gas outages.
Sources within SSGC said that Qatar has shut down its RLNG plant and no cargo is currently en route. If the situation continues, a new gas load shedding schedule may be issued.
Read more: Saudi Arabia assures oil supply to Pakistan through alternative route
