Pakistan Races for Emergency LNG as Strait of Hormuz Traffic Stalls

Pakistan is on track to procure the most LNG cargoes on the spot market since the Iran war began as the re-escalation in the Strait of Hormuz threatens to disrupt anew term supplies from Qatar. State-controlled Pakistan LNG this week issued a second tender for spot supply in as many weeks as the renewed hostilities over the past few days have disrupted Qatari shipments once again, with no LNG tankers observed to have exited the Strait of Hormuz for days. Pakistan LNG wants to buy another cargo for delivery in July, according to a tender document…