# Record LNG prices push South Asian countries, including Pakistan, to ration gas - Pakistan - DAWN.COM

> Pakistan and Bangladesh are rationing gas and South Asian buyers are seeking alternative fuels after spot LNG prices hit records, having nearly tripled since early November. Pakistan limited industrial gas use and a recent nationwide blackout was partly blamed on gas shortages. Demand is rising for LPG and residue oil as substitutes.

- Date: 2021-01-15 · published 2021-01-15T12:00:00.000Z
- Category: logistics · region South Asia · magnitude low
- Page: https://feedsoft.ai/events/49338-record-lng-prices-push-south-asian-countries-including-pakistan-to-ration-gas
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Gas rationing and a scramble for LPG and residue fuel oil lift alternative energy demand in South Asia, adding to energy costs for feed and food processors in the region.

## Read by commodity

- WTI: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-01-16 | [Production outages tighten Asian gas market \| LNG Industry](https://feedsoft.ai/events/67164-production-outages-tighten-asian-gas-market-lng-industry.md) | -11.9% | -28.5% |
| NATGAS | 2023-03-27 | [Strikes in France Push European Natural Gas Prices Higher, but Demand Seen Weakening – LNG Recap](https://feedsoft.ai/events/37029-strikes-in-france-push-european-natural-gas-prices-higher-but-demand-seen.md) | +1.5% | +4.9% |
| NATGAS | 2021-01-12 | [LNG Shipping Rates from U.S. Surge Record on Asia Buying Boom](https://feedsoft.ai/events/49024-lng-shipping-rates-from-u-s-surge-record-on-asia-buying-boom.md) | -4.8% | +12.9% |
| NATGAS | 2023-08-21 | [European gas prices rise on growing prospect of Australian LNG strike](https://feedsoft.ai/events/34750-european-gas-prices-rise-on-growing-prospect-of-australian-lng-strike.md) | +0.2% | +5.5% |
| NATGAS | 2023-09-25 | [European Natural Gas Prices Rally on Extended Norwegian Supply Outages – LNG Recap](https://feedsoft.ai/events/34286-european-natural-gas-prices-rally-on-extended-norwegian-supply-outages-lng-recap.md) | +6.4% | +4.3% |
| WTI | 2026-03-04 | [Closure of the Strait of Hormuz causes urea, diesel prices to spike as planting season begins in Arkansas](https://feedsoft.ai/events/4429-closure-of-the-strait-of-hormuz-causes-urea-diesel-prices-to-spike-as-planting.md) | +12.2% | +37.4% |
| WTI | 2022-03-23 | [Oil jumps 5% as Caspian pipeline disruption adds to supply fears \| Reuters](https://feedsoft.ai/events/8484-oil-jumps-5-as-caspian-pipeline-disruption-adds-to-supply-fears-reuters.md) | -6.3% | -7.8% |
| WTI | 2026-04-14 | [US truckers' diesel spending hits record high on Middle East conflict \| Reuters](https://feedsoft.ai/events/19889-us-truckers-diesel-spending-hits-record-high-on-middle-east-conflict-reuters.md) | -9.6% | +0.2% |

## Sources

- dawn.com: https://www.dawn.com/news/1601661

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.