Gunvor defaults on LNG supply to Pakistan: Press
Trading company Gunvor has told the Pakistani government that it will not be able to deliver its term LNG cargo which is due on January 10, citing a force majeure, The News reported on December 20.
The company has not yet informed state-owned Pakistan LNG when this term cargo will be supplied, a senior official at the energy ministry told the newspaper.
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The official said that technically it will be the 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 2021.
The non-availability of term cargo on January 10 will further worsen the ongoing gas crisis in the country, The News reported.