Karachi, home of Pakistan’s LNG import terminals
Pakistan energy demand attracts suitors
Significant forecast growth in energy requirements means international firms are interested in the country’s downstream sector, but its upstream is struggling
Pakistan recently signed a second LNG supply agreement with Qatar, and analysts see further opportunities in the country’s growing LNG market. But Pakistan’s prospects for attracting international investment to its upstream oil and gas sector are much dimmer. State-owned Qatar Petroleum (QP) and Pakistan State Oil Company signed a ten-year SPA for the supply of up to 3mn t/yr of LNG starting in 2022. Saad al-Kaabi, Qatar’s energy minister and the president and CEO of QP, cited “Pakistan’s increasing energy demand” when the deal was signed, as well as the country’s “well-established gas market and distribution system”, and “the prospect of it being one of the world’s fastest-growing LNG marke
Also in this section
7 November 2025
The Russian company’s German assets are under Berlin’s management and are exempt from sanctions, for now, but a permanent solution still needs to be found
6 November 2025
The Russian firm made a significant attempt to expand overseas over the past two decades but is now divesting its global operations
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
