Govt ends load shedding after LNG arrival

News Image

MG News | May 01, 2026 at 03:10 PM GMT+05:00

May 01, 2026 (MLN):  The government has declared an end to load shedding across the country after a fresh LNG supply eased pressure on the power system, bringing relief following days of outages.

Electricity cuts, which had earlier peaked at up to five hours in some areas, are gradually reduced to around two to two-and-a-half hours before being fully eliminated.

Authorities said emergency steps, including running costly fuel-based power plants, were taken to stabilize supply and restore normalcy.

Energy Minister Awais Ahmad Khan Leghari said the recent disruption was not due to any flaw in the power system but resulted from a temporary gas shortage linked to tensions between the United States and Iran.

He noted that hydropower output had risen to about 6,000 megawatts under the Indus River System Authority, helping ease the strain on electricity generation.

The minister also assured that steps are being taken to ensure load shedding does not return and that consumers will be shielded from the financial impact of expensive power generation.

The development follows the arrival of Pakistan’s first liquefied natural gas (LNG) cargo in nearly two months, when a U.S.-origin vessel docked at the Pakistan GasPort Terminal, offering much-needed relief to an energy market under strain.

The cargo was procured on a spot basis at a high price of around $18.40 per mmbtu, reflecting rising cost pressures as the country seeks alternative fuel supplies amid ongoing geopolitical tensions.

The shipment marked a significant breakthrough after a prolonged supply disruption caused by instability in Middle Eastern shipping routes.

Pakistan had not received LNG since late February, when escalating conflict involving Iran disrupted regional energy logistics, particularly through the Strait of Hormuz, a critical global transit route. The situation exposed the country’s heavy dependence on imported gas, especially from Qatar, to meet peak electricity demand.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 177,370.71
271.87M
0.23%
404.02
ALLSHR 107,716.20
642.21M
0.11%
116.44
KSE30 52,827.24
82.38M
0.35%
182.71
KMI30 251,579.93
132.42M
0.03%
64.11
KMIALLSHR 69,528.14
417.99M
0.00%
2.11
BKTi 50,313.91
13.15M
1.11%
551.71
OGTi 36,509.94
8.96M
-0.87%
-321.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,500.00 79,360.00
78,140.00
-510.00
-0.65%
BRENT CRUDE 86.46 87.15
85.41
-2.12
-2.39%
RICHARDS BAY COAL MONTHLY 110.30 0.00
0.00
0.80
0.73%
ROTTERDAM COAL MONTHLY 124.80 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 80.49 81.31
79.62
-1.87
-2.27%
SUGAR #11 WORLD 17.41 17.45
17.14
0.14
0.81%

Chart of the Day


Latest News
August 26, 2026 at 04:19 PM GMT+05:00

China’s economy gains momentum on stronger growth drivers


August 26, 2026 at 04:03 PM GMT+05:00

FPCCI calls for tax incentives to boost digital payments


August 26, 2026 at 03:59 PM GMT+05:00

China expands imports to drive global trade growth


August 26, 2026 at 03:53 PM GMT+05:00

China targets 100 key humanoid robot standards by 2028



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg