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Gas To Power Journal - 02 April 2026 Thu, 02 Apr 2026 13:18:59 GMT
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From: stephan@...
To: [email protected]
Date: Fri, 24 Apr 2026 08:12:42 GMT
Subject: Gas to Power Weekly - 24 April - Pakistan seeks four Qatari LNG cargoes to avert power crunch; German 'industry electricity price’ to curb cost by less than 10%

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<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">LEAD ARTICLE</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-weight: bold; font-size: 18px; color: rgb(128, 126, 131);">Pakistan seeks four Qatari LNG cargoes to avert power crunch</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-weight: bold; color: rgb(128, 126, 131);">Pakistan and Qatar are in advanced talks to get at least four LNG cargoes routed through the Strait of Hormuz, as Pakistan faces an acute LNG crunch of about 400 million cubic feet per day (mmcf/d). That supply gap already caused electricity shortages and load-shedding.&#xa0;</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Prime Minister Shebaz Sharif just returned from a tri-</span></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">nations tour in the Middle East, including Qatar, as part of diplomatic efforts to deescalate the war between the US and Iran. The PM pleaded Qatar to provide four of the 25-30 loaded petroleum and fuel oil cargoes that are understood to be currently stranded between processing stations and Hormuz.</span></p>
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<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px; font-weight: bold;">S U P  PL Y</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px;">Middle East LNG shock could develop into a food crisis,&#xa0;Vitol warns</span></p>
</td> </tr> </table>  <div class="spacer" style="line-height: 10px; height: 10px;">&#x200a;</div> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top">
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px; font-weight: bold;">D E M A N D</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px;">Global gas demand slows markedly, amid high spot&#xa0;LNG prices</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px;">Singapore buys additional&#xa0;LNG from outside the&#xa0;Middle East</span></p>
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<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">P R O J E C T S</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">Vulcan selects Siemens to help scale Lionheart Project </span></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">&#xfeff;</span></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">ACWA, Saudi Energy sign&#xa0;$3.1 billion Rabigh 2 gas power PPA</span></p>
</td> </tr> </table>  <div class="spacer" style="line-height: 10px; height: 10px;">&#x200a;</div> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top">
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px; font-weight: bold;">C O A L</span></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px; font-weight: bold;">G A S I F I C A T I O N</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px;">China revives coal-to-gas&#xa0;project in energy security&#xa0;push</span></p>
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<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 18px; font-weight: bold;">Global gas demand slows markedly, amid high spot LNG prices</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-weight: bold;">Weaker industrial activity and high LNG prices have slowed global gas demand markedly in 2025, the International&#xa0;Energy Agency (IEA) finds. Gas demand in the power sector grew by less than 1%, due to high spot LNG prices, improved nuclear availability in Asia and continued renewables growth.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">In the United States, higher domestic gas prices supported gas-to-coal switching for electricity generation &#x2013; similarly to Asia Pacific, where high LNG prices in the first half of the year disincentivise gas-burn.&#xa0;</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Henry Hub spot prices rose by 60% in 2025 compared with their previous year&#x2019;s levels, weakening the competitive edge of gas-burn for power generation against coal combustion. Yet, feedgas demand for US LNG exports partly compensated for the reduced gas demand from the power sector.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">In China, gas demand grew by just 2% &#x2014; a clear slow slowdown compared with the 7% increase it saw in 2024, as weaker industrial activity limited growth. In Japan, natural gas demand declined by almost 1%, partly due to lower gas use in the power sector amid a continued recovery in nuclear power generation. India&#x2019;s natural gas use declined by 3.5% in 2025, with gas demand for power generation falling by almost 10% in 2025 amid strong renewables growth and milder weather.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">In the Middle East, in contrast, continued oil-to-gas switching supported strong demand growth along with the region&#x2019;s expanding gas-intensive industries. Saudi Arabia was the largest growth driver, growth, with the country&#x2019;s gas consumption rising by around 6% amid stronger gas-burn in the power sector.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Natural gas use in the European Union rose by around 3% last year, its strongest increase since 2021. Higher gas burn drove most of the rise, as gas-fired power plants had to compensate for lower power output from wind and hydro. High fuel prices, however, weighs on gas use in industry. Many energy-intensive companies in the EU are struggling to stay afloat due to high wholesale gas and power prices, compounding the trend of offshoring and&#xa0;de-industrialisation.</span></p>
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                                    Email from Gas to Power Journal Our weekly update covering everything you need to know about Natural Gas Power Generation LEAD ARTICLE Pakistan seeks four Qatari LNG cargoes to avert power crunch Pakistan and Qatar are in advanced talks to get at least four LNG cargoes routed through the Strait of Hormuz, as Pakistan faces an acute LNG crunch of about 400 million cubic feet per day (mmcf/d). That supply gap already caused electricity shortages and load-shedding.  Prime Minister Shebaz Sharif just returned from a tri- nations tour in the Middle East, including Qatar, as part of diplomatic efforts to deescalate the war between the US and Iran. The PM pleaded Qatar to provide four of the 25-30 loaded petroleum and fuel oil cargoes that are understood to be currently stranded between processing stations and Hormuz. DOWNLOAD NOW << S U P PL Y Middle East LNG shock could develop into a food crisis, Vitol warns   D E M A N D Global gas demand slows markedly, amid high spot LNG prices Singapore buys additional LNG from outside the Middle East   P R O J E C T S Vulcan selects Siemens to help scale Lionheart Project  ACWA, Saudi Energy sign $3.1 billion Rabigh 2 gas power PPA   C O A L G A S I F I C A T I O N China revives coal-to-gas project in energy security push     Global gas demand slows markedly, amid high spot LNG prices Weaker industrial activity and high LNG prices have slowed global gas demand markedly in 2025, the International Energy Agency (IEA) finds. Gas demand in the power sector grew by less than 1%, due to high spot LNG prices, improved nuclear availability in Asia and continued renewables growth. In the United States, higher domestic gas prices supported gas-to-coal switching for electricity generation – similarly to Asia Pacific, where high LNG prices in the first half of the year disincentivise gas-burn.  Henry Hub spot prices rose by 60% in 2025 compared with their previous year’s levels, weakening the competitive edge of gas-burn for power generation against coal combustion. Yet, feedgas demand for US LNG exports partly compensated for the reduced gas demand from the power sector. In China, gas demand grew by just 2% — a clear slow slowdown compared with the 7% increase it saw in 2024, as weaker industrial activity limited growth. In Japan, natural gas demand declined by almost 1%, partly due to lower gas use in the power sector amid a continued recovery in nuclear power generation. India’s natural gas use declined by 3.5% in 2025, with gas demand for power generation falling by almost 10% in 2025 amid strong renewables growth and milder weather. In the Middle East, in contrast, continued oil-to-gas switching supported strong demand growth along with the region’s expanding gas-intensive industries. Saudi Arabia was the largest growth driver, growth, with the country’s gas consumption rising by around 6% amid stronger gas-burn in the power sector. Natural gas use in the European Union rose by around 3% last year, its strongest increase since 2021. Higher gas burn drove most of the rise, as gas-fired power plants had to compensate for lower power output from wind and hydro. High fuel prices, however, weighs on gas use in industry. Many energy-intensive companies in the EU are struggling to stay afloat due to high wholesale gas and power prices, compounding the trend of offshoring and de-industrialisation.      Enjoyed your free read? Consider a trial subscription      Follow us on social media Gas to Power Journal | 39-41 North Road | London, N79DP GB Unsubscribe | Update Profile | Constant Contact Data Notice
                                

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