#GenEric1stngFuture

Pakistan has imported its second shipment of liquefied natural gas from the Persian Gulf in a week, showing how Islamabad is leveraging its newfound geopolitical influence to ease an energy crunch.

Natural gas entrepreneur Charif Souki’s latest venture will remain closely held after his previous two companies pursued public offerings.

Liquefied natural gas deliveries to China are showing signs of recovery, as some buyers replace shipments disrupted by the conflict in the Middle East.

Transportadora de Gas Internacional’s planned liquefied natural gas import terminal in Colombia moved closer to execution after the government added it to a list of infrastructure priorities designed to address a growing shortfall in domestic gas supply.

Pakistan opted not to buy urgent cargoes of liquefied natural gas on the spot market, betting that hostilities which have closed the Strait of Hormuz will ease and cheaper supplies from Qatar will arrive soon.

Cheniere Energy Inc. plunged almost 10% after posting a surprise $3.5 billion loss driven by a drop in the value of hedges as the Iran war upended natural gas markets.

Abu Dhabi National Oil Co. appears to have been able to export a second liquefied natural gas shipment through the Strait of Hormuz, according to ship-tracking data compiled by Bloomberg, even as the Iran war halts most traffic.

Some European natural gas traders are already hedging against a spike in prices next winter as the war in the Middle East continues to disrupt supplies.

Pakistan is urgently looking to purchase liquefied natural gas from the spot market for delivery in May, as the country faces hot weather that threatens to stretch the grid and worsen a shortage of the power plant fuel.

European natural gas prices fluctuated after President Donald Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz.

Vietnam is importing more liquefied natural gas at elevated prices as the Iran war curbs global supplies, with the country bracing for above-average temperatures in the coming weeks.