Today: 25 August 2025
20 December 2021
1 min read

Another blow to crisis-ridden Pakistan

The non-availability of term cargo on January 10 will further worsen the ongoing gas crisis in the country as the LNG trading company, has intimated authorities that it will not be able to maintain deliveries…reports Asian Lite News

GUNVOR, a Singapore-based LNG trading company, has intimated Pakistani authorities that it will not be able to deliver its term LNG cargo which is due on January 10, 2022 by claiming the force majeure, The News reported.

However, it has not yet informed Pakistan LNG Limited as to when this term cargo will be provided.

The non-availability of term cargo on January 10 will further worsen the ongoing gas crisis in the country.

From December 15, the government has already cut gas supply to the export sector in Punjab apart from shutting down the non- export industry and CNG sector.

Pic credits IANS

So much so, the domestic consumers are also facing massive shortages across the country even at breakfast, lunch and dinner times and people are forced to purchase food, roti, naan and even tea from hotels at higher prices.

Technically it will be a second default by GUNVOR in a row in the current winter season 2021-22, as it earlier defaulted from the provision of the term cargo on November 19-20.

The Italian company ENI also defaulted on November 26-27 from the delivery of its term cargo.

ENI had earlier backed out of its term LNG cargo in August.

ALSO READ: OIC Snubs Pak Plot To Let Taliban Access Aid Funds

Previous Story

Is it game over for Suu Kyi?

Next Story

Chile Turns Left

Latest from -Top News

‘FAMINE’

UN Secretary-General Antonio Guterres says living situation in Gaza can be described as “famine”…reports Asian Lite News United Nations (UN) Secretary-General Antonio Guterres said that the word “famine” could be used to

Ban Coal Exports to Israel

More than 100 pro-Palestine activists launched protests on Thursday in three major South African cities, calling on the government to ban coal exports to Israel…reports Asian Lite News Pro-Palestine activists are pictured

US sanctions more ICC judges

Washington hits at The Hague with fresh sanctions on four ICC judges and prosecutors, including French and Canadian officials, over probes targeting Israel and US actions abroad….reports Asian Lite News The United

UAE Wows Osaka!

The UAE Pavilion at Expo 2025 Osaka celebrates its three millionth visitor, blending culture, innovation, and hospitality in an immersive showcase of heritage, sustainability, and forward-looking global vision….reports Asian Lite News The

MBS & Sisi talk ties, Palestine

The two leaders reviewed the historic and strategic relations between Riyadh and Cairo and explored new ways to bolster cooperation…reports Asian Lite News Saudi Crown Prince and Prime Minister HRH Mohammed bin
Go toTop

Don't Miss

Pakistani dancer ‘ejected’ from UK mission for pro-Palestine slogan

Kermani said that she raised the slogan “Ceasefire Now” when

Flood-hit Pakistan shouldn’t be forced to carry ‘begging bowl’: PM

Speaking from his home in Lahore, Sharif warned that Pakistan