By Irina Mironova for Cedigaz
Pakistan’s LNG market developments in 2025 offer an illustration of how demand assumptions can shift in emerging Asian import markets. A combination of weakening gas demand, rising renewable generation and rigid long-term contractual commitments has forced an adjustment of LNG intake through cargo cancellations, diversions and resale arrangements. Pakistan’s experience highlights the growing importance of demand risk, contractual flexibility and portfolio management in markets where structural change is increasingly shaping gas consumption.