A sudden energy crisis has beset Pakistan, largely due to the ongoing US-Israeli conflict with Iran, which has drastically altered the country’s liquefied natural gas (LNG) dynamics. Initially, at the beginning of this year, Pakistan found itself with an excess of imported LNG, a situation that had persisted for three consecutive years. The downward trend in demand, which had peaked at 8.2 million tonnes in 2021, continued unabated, reaching 6.1 million tonnes by late 2025. The proliferation of affordable solar panels and factories’ reduced production had contributed significantly to this decline. As a country heavily reliant on Qatar and the United Arab Emirates for its imported gas, with no emergency reserves in place, Pakistan’s shift from a surplus to a shortage of LNG occurred with remarkable swiftness.
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