Pakistan’s liquefied natural gas imports bill could increase to more than $32 billion by 2030, up from almost $2.6 billion in the last financial year, according to a recent report by the Institute for Energy Economics & Financial Analysis (IEEFA).

Co-authors and energy finance analysts Haneea Isaad and Samuel Reynolds note that the nation’s increasing reliance on LNG has exacerbated energy insecurity and financial struggles for the government, households and businesses, and economic sectors in Pakistan.

“LNG sourced from global markets has become five to 10 times more expensive than domestically produced gas in Pakistan,” Isaad says.