Pakistan purchased its most expensive liquefied natural gas (LNG) shipment in approximately four years as it contends with an energy shortage stemming from the Strait of Hormuz closure.

In the first days of March, Petrobangla went looking for an emergency cargo of liquefied natural gas (LNG), and no seller would bid.

Pakistan has launched another major LNG tender as it struggles to secure fuel supplies and meet soaring summer electricity demand amid disruptions to its traditional gas imports.

Pakistan purchased its most expensive liquefied natural gas (LNG) shipment in approximately four years as it contends with an energy shortage stemming from the Strait of Hormuz…