Middle East conflict disrupts LNG supply; Pakistan and Bangladesh purchase at high prices, with prices doubling

智通财经2026/07/21 06:56

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(1) Due to the impact of the Middle East conflict, the supply of liquefied natural gas (LNG) has been disrupted, forcing Pakistan and Bangladesh to urgently seek high-priced spot alternatives. (2) On Monday, Pakistan's state-owned LNG company purchased a batch of LNG at approximately $21.88 per million British thermal units, marking the highest price paid by the country since 2022. (3) Last week, Bangladesh's state-owned buyer also completed at least one August delivery purchase at a relatively high price. The purchase prices for both countries this time were about twice the price of their long-term contracts with Qatar.

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