Pakistan is among the worst-hit nations by liquefied natural gas (LNG) disruptions due to the closure of the Strait of Hormuz and could future-proof its domestic energy and power supply by increasing its focus on renewables and coal.
“Qatar and the UAE together supply about 99pc of Pakistan’s LNG — mostly for power generation, fertiliser production and industrial use. LNG accounts for about 30pc of total gas supply,” said the Gastech Conferences in its report ‘The Outlook for Gas and LNG Markets in Asia’ released at its 54th annual event.
It said that beyond addressing immediate challenges, policymakers in Asia may now be reviewing how to future-proof domestic energy and power systems with renewed focus on energy security. This could be done by accelerating renewables, such as swift-build, utility-scale solar, wind farms and commercial rooftop solar, plus storage deployment.
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