Tue, 21-Oct-2025

Pakistan may claim damages from suppliers

LNG spot prices in Asia have risen by 16 percent as a result of Russia's gas supply restrictions, according to Platts.

KARACHI: Fed-up with the continual liquefied natural gas (LNG) suppliers’ default under one pretext or the other, Pakistan is considering to claim damages from the Italy-based ENI and Swiss Gunvor for their failure to meet their contractual obligations, depriving the country of essential fuel supplies. This would be in addition to the 30 per cent … Read more