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Pakistan LNG is seeking three 140,000 cbm cargoes on a delivered ex-ship (DES) basis, according to a document released on Thursday.
The delivery windows are April 27–30, May 1-7, and May 8–14.
Also, the potential tender winner will deliver the cargo to the FSRU BW Integrity serving Pakistan GasPort’s terminal in Port Qasim, Karachi, or the Energo Elengy facility, which uses the FSRU Exquisite.
This opportunity is open to qualified LNG suppliers to support Pakistan’s growing energy needs, Pakistan LNG said.
The tender closes on April 24.
According to its website, Pakistan LNG launched its last spot LNG tender in December 2023. This tender was canceled.
Pakistan gets most of its supplies under long-term contracts from Qatar, but also from the spot market when the prices are affordable for the country to fuel its power plants.
Spot LNG prices jumped last month due to the Middle East conflict.
QatarEnergy stopped producing LNG at its giant Ras Laffan complex on March 2 due to military attacks on its operating facilities. The LNG producer declared force majeure to its affected LNG buyers on March 4.
The LNG producer announced that it expects the damage to its Ras Laffan complex caused by missile strikes to cost about $20 billion a year in lost revenue and to take up to five years to repair, impacting supply to markets in Europe and Asia.
Several reports said this week that Azerbaijan’s state energy company Socar is ready to supply LNG to Pakistan as soon as it receives a request from the country.
Last year, Pakistan LNG and Socar agreed to extend their existing LNG supply and purchase deal.
In July 2023, the two firms signed a deal under which Azerbaijan offers one shipment of LNG per month, and Pakistan is free to accept or reject the cargo.