Pakistan Floods, Iran Sanctions Delay Gas Imports: Chart of Day

Pakistan, experiencing its worst-ever flooding, will face increasing shortages of natural gas and electricity because of international sanctions against Iran and a contract dispute with an European energy supplier.

“Pakistan is desperate as it faces huge power shortages,” said Alexis Aik, head of the global gas team at FACTS Global Energy in Singapore. “It was looking to speed up liquefied natural gas imports, which are more viable than pipeline imports.”