DaazPrime

DaazPrime

Pakistan Faces $1 Billion LNG Bill This Winter

Pakistan is bracing for a severe energy crunch this winter as the nation faces a staggering $1 billion bill to import Liquefied Natural Gas (LNG). Amid a depleted domestic supply and crippling foreign exchange shortages, the government struggles to secure essential fuel cargoes on the volatile global spot market. This soaring financial burden threatens to trigger widespread power outages and paralyze industrial production during the peak heating season. Consequently, policymakers are under immense pressure to manage mounting energy debts while preventing further hardship for millions of citizens already grappling with inflation.