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Disruptions in LNG supply to hit industry hard
KARACHI: President of the Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has expressed deep concern over the suspension of LNG supply to Pakistan by Qatar until November 5 under the “force majeure” clause. He explained that “force majeure” is a legal provision that relieves parties from fulfilling their contractual obligations in the event of natural disasters, accidents, or unavoidable emergencies. Noting that Qatar supplies 20 percent of the world’s LNG, he warned that this disruption due to the US-Iran war will severely impact industrial gas supplies. Mian Zahid Hu...
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