Islamabad, Pakistan – At the start of this year, Pakistan had more imported liquefied natural gas (LNG) than it could use. Demand had been falling for three straight years, from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025, as cheap solar panels flooded the market and factories cut back.The government quietly sold excess gas shipments to other countries and shut down domestic gas wells to prevent pipelines from bursting under the pressure of oversupply. Gas that could not be diverted would be pushed into household networks at a financial loss, adding billions to an already crippling debt pile in the energy sector.Recommended Stories list of 4 itemsend of listThen the war came. On February 28, the United States and Israel launched hundreds of strikes against Iran in an operation named Epic Fury. The strikes targeted Iranian missiles, air defences, military infrastructure and leadership. Supreme Leader Ali Khamenei was killed in the opening assault.Iran retaliated by firing hundreds of missiles and drones across the region, and as a result, traffic passing the Strait of Hormuz, the narrow waterway through which roughly a fifth of the world’s oil and gas passes, almost came to a halt.The energy consequences were immediate. As a part of its retaliation against US-Israeli attacks, on March 2, Iranian drones hit Qatar’s gas facilities at Ras Laffan Industrial City, the world’s largest LNG export complex.Qatar, the world’s second-largest LNG exporter after the United States, halted all production and declared force majeure, a legal term meaning it was released from delivery obligations due to circumstances beyond its …
