Pakistan PM arrives in Egypt for summit on Gaza peace plan

Pakistan Prime Minister Shehbaz Sharif arrives in Sharm El-Sheikh on October 13, 2025, ahead of peace summit aims
Pakistan Prime Minister Shehbaz Sharif arrives in Sharm El-Sheikh on October 13, 2025, ahead of peace summit aims "to end the war in the Gaza Strip." (Government of Pakistan)
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Updated 13 October 2025
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Pakistan PM arrives in Egypt for summit on Gaza peace plan

Pakistan PM arrives in Egypt for summit on Gaza peace plan
  • Shehbaz Sharif among 20 leaders attending world leaders summit on ending the Gaza war
  • US president Trump will lead the summit alongside Egyptian President Abdel Fattah El-Sisi

ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif has reached Sharm El-Sheikh in Egypt to attend a world leaders’ summit on ending the Gaza war, his office said on Monday.

Egypt has said the peace summit aims “to end the war in the Gaza Strip, enhance efforts to bring peace and stability to the Middle East, and usher in a new phase of regional security and stability.”

The US president will lead the summit alongside Egyptian President Abdel Fattah El-Sisi with leaders from more than 20 countries in attendance. No Israeli or Iranian official is attending the forum. 

The United States, along with Egypt, Qatar and Türkiye, has mediated what has been described as a first phase agreement between Israel and Hamas for a ceasefire, a mutual exchange of hostages and prisoners, an Israeli troop withdrawal from Gaza and increased humanitarian aid. The ceasefire was held for the fourth day on Monday.

In an X post, Sharif called the signing ceremony of the Gaza peace plan “a crucial step toward lasting peace in the Middle East.”

“Today’s ceremony marks the closing of a genocidal chapter, one that the international community must ensure is never repeated anywhere again,” Sharif said, lauding Trump’s “outstanding leadership” for securing the peace deal.

“The brave and resilient Palestinian people deserve to live in a free Palestine, with pre 1967 borders, with Al Quds Al Sharif as their capital city.”

On Sunday, the foreign office said Pakistan hoped the summit would pave the way for the “full Israeli withdrawal, protection of Palestinian civilians, an end to their displacement, release of prisoners, addressing of the prevailing grave humanitarian situation, as well as reconstruction of Gaza.”

“Prime minister’s participation in the summit reflects Pakistan’s historic, consistent, and unwavering support for the just cause of the Palestinian people for their right to self-determination as well as for achieving lasting peace and stability in the region,” it added.

Since Oct. 7, 2023, more than 67,000 Palestinians have been killed and over 170,000 injured in the Gaza war which has displaced over 1.9 million people. The conflict has left much of the enclave in ruins and triggered a severe humanitarian crisis.


Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies

Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies
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Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies

Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies
  • Move comes amid surplus gas in Pakistan due to lower industrial demand, higher renewable output
  • Islamabad also in talks with Qatar to defer or resell LNG cargoes under existing supply agreements

KARACHI: Pakistan has struck a deal to cancel 21 liquefied natural gas cargoes under its long-term contract with Italy’s Eni as part of a plan to curb excess imports that have flooded its gas network, according to an official document and two sources.

The document from state-owned Pakistan LNG Ltd. (PLL) to the country’s Ministry of Energy dated October 22 said 11 cargoes planned for 2026 and 10 for 2027 would be canceled at the request of gas distributor SNGPL.

Only the planned January shipment in both years, and the December shipment in 2027, would be retained to meet peak winter demand, according to the document, reviewed by Reuters.

Two sources familiar with the matter in Pakistan said that Eni had agreed to the move under the contract’s flexibility provisions. LNG is in strong demand globally, and suppliers typically stand to earn more by selling cargoes in the spot market than under long-term contracts.

Eni declined to comment. PLL, SNGPL, and Pakistan’s petroleum ministry did not reply to requests for comment.

RENEGOTIATING SUPPLIES FROM QATAR

PLL’s move marks one of Pakistan’s most significant steps yet to rein in LNG purchases as rising renewable generation and lower industrial demand leave it with surplus imported gas.

Eni signed a long-term LNG supply deal with PLL in 2017, committing to deliver one cargo per month until 2032, with the option to divert shipments to other destinations.

The first source, and a third, said that Pakistan was also in talks with Qatar about gas supplies from the Gulf state, with options including deferring some cargoes or reselling them under existing contract clauses. Last week a technical team visited Karachi to schedule the cargoes. The talks are ongoing and no decision has been reached, the first and third sources said.

QatarEnergy did not immediately respond to a request for comment.

TOO MUCH GAS, TOO LITTLE DEMAND

Pakistan’s long-term LNG supply deals with Qatar and Eni together cover around 120 cargoes a year, including on average nine a month from two Qatari contracts and one from Eni.

But Pakistan’s LNG imports have fallen sharply this year as demand from power producers dropped amid higher solar and hydropower output.

Lower gas use by power plants and industrial units generating their own electricity have added to the surplus, leaving the system significantly oversupplied for the first time in years.

The glut has forced Pakistan to sell gas at steep discounts, curb local production, and consider offshore storage or reselling excess cargoes, according to government presentations reviewed by Reuters.

Eni’s last delivered cargo to Pakistan was received at the GasPort terminal on January 3, according to Kpler data. The first source, and a fourth one, said Pakistan had also agreed a deal with Eni not to receive any further cargoes in 2025.

Eni shipped out 12 cargoes to Pakistan in 2024.