Pakistan’s OGDCL plans output boost as LNG supply risks rise

KARACHI: Pakistan’s state natural gas producer OGDCL is preparing to raise output for the ​first time in recent years as the ongoing conflict in the Middle East choked supply, its managing director said. High electricity tariffs and rapid rooftop solar adoption have reduced demand for natural gas ‌in recent ‌years, forcing Pakistan to ​renegotiate ‌long-term ⁠liquefied ​natural gas (LNG) import ⁠contracts with Qatar and domestic producers to cut output. On Monday, Qatar halted LNG production after Iran targeted the country following the US-Israeli strikes over the weekend.

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