Pakistan Buys More LNG as Flows Through Hormuz Fail to Recover Pakistan bought a liquefied natural gas shipment for delivery later this week, as exports from main supplier Qatar through the Strait of Hormuz remain constrained. The purchase marks Pakistan’s second spot gas procurement in two weeks as Islamabad seeks to replace canceled Qatari supplies stuck in the Persian Gulf. While traffic via Hormuz — a key conduit for about a fifth of global LNG supply — has increased since the US and Iran signed an interim peace agreement, flows of the super-chilled fuel haven’t yet recovered to pre-war levels. (Bloomberg)