The cost of generating electricity from regasified liquefied natural gas (RLNG) reached an all-time high of Rs. 47.4 per unit in July 2026, according to data from Topline Securities.
The sharp increase comes as Pakistan relied heavily on expensive spot LNG cargoes following disruptions to contracted supplies from Qatar.
Data from the National Electric Power Regulatory Authority (NEPRA) shows that RLNG-based power generation costs surged by 242 percent, rising from less than Rs. 14 per unit in April to Rs. 47.4 per unit in July.
The cost of RLNG-based generation had generally remained between Rs. 20 and Rs. 26 per unit since 2022 before experiencing a sharp increase in 2026.
The increase was largely driven by Pakistan LNG Limited’s procurement of five spot LNG cargoes for July delivery after QatarEnergy disrupted its contracted LNG supplies.
Pakistan’s dependence on the international spot market increased after QatarEnergy declared force majeure on its LNG supply obligations in March amid regional security disruptions.
The disruption was later extended through August, forcing Pakistan to secure replacement LNG cargoes from international markets at significantly higher prices.
The sharp rise in RLNG generation costs adds further pressure to Pakistan’s power sector and could increase the financial burden associated with electricity generation if elevated LNG prices persist.
