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Pakistan Secures Iran Deal for Qatari LNG Passage

Bloomberg Markets •
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Pakistan has negotiated with Iran to secure safe passage for at least one Qatari liquefied natural gas shipment, according to people with knowledge of the matter. The agreement marks the latest effort by the South Asian nation to leverage its diplomatic ties to ease a deepening energy crunch that has strained its economy and power sector.

The deal underscores Pakistan's growing reliance on regional cooperation to address chronic fuel shortages. With domestic gas production declining and global LNG prices volatile, Islamabad has sought alternative supply routes and diplomatic assurances to keep power plants running and industries operational.

Iran's willingness to facilitate the transit highlights shifting regional dynamics, as both countries navigate sanctions pressure and energy security concerns. The arrangement could pave the way for more regular Qatari gas flows through Iranian waters, providing Pakistan a more stable supply chain amid ongoing economic challenges.