Kuwait become net gas importer

Kuwait’s first cargo of liquefied natural gas (LNG) has arrived at its terminal, making the oil-rich state a net importer of gas.

The country’s decision to turn to LNG, a costly source of fuel, is a result of a severe gas supply crunch that has led to a shortage of electricity and made power cuts a fixture of summer months.

Sohar LNG, an Oman-based gas carrier, was anchored at the site of Kuwait’s floating gas terminal at Mina Ahmadi yesterday, according to ship-tracking data compiled by Bloomberg.