AsiaContracts and Tenders

TotalEnergies, Vitol submit lowest bids in Pakistan LNG tender

By LNG Prime Staff
TotalEnergies, Vitol submit lowest bids in Pakistan LNG tender
For illustration only (Image: Pakistan LNG)

French energy giant TotalEnergies and trader Vitol have submitted the lowest bids in a tender to supply Pakistan with seven spot LNG cargoes over the October-November period.

To remind, state-owned Pakistan LNG launched the tender last month with seven delivery windows.

Three companies took part in the tender, including PetroChina.

Vitol Bahrain submitted the lowest offers for five cargoes, while Total Gas and Power placed the lowest offers for two cargoes, Pakistan LNG’s evaluation report dated August 24 shows.

Moreover, the report says that Vitol submitted the most competitive bids for the October 7-8 delivery, October 22-23, October 27-28, November 11-12, and November 26-27.

Vitol offered its lowest price of $18.9996/MMBtu for the October 27-28 delivery and the highest of $22.5866/MMBtu for the October 7-8 delivery, the document shows.

On the other side, the unit of TotalEnergies submitted the lowest bid for the October 17-18 window priced at $17.1149/MMBtu and the second on November 16-17 priced at $17.5350/MMBtu.

Most Popular

Contracts and Tenders

Venture Global to sign more 20-year LNG supply deals by year-end, CEO says

Venture Global to sign new 20-year LNG supply deals by year-end, CEO says
Sponsored Content

Abaxx to expand LNG futures suite

Abaxx Technologies, a financial software and market infrastructure company and majority shareholder of Abaxx Singapore, the owner of Abaxx Commodity Exchange and Clearinghouse, announced that Abaxx Exchange will expand its liquefied natural gas (LNG) futures suite with three financially-settled contracts launching November 16, 2026.
LNG as Fuel

Yangzijiang secured orders for 18 LNG-powered containerships

Chinese private shipyard Yangzijiang Shipbuilding has secured orders for 18 LNG dual-fuel containerships and one LNG bunkering vessel so far this year.

More News Like This

LNG as Fuel

Ibaizabal, TotalEnergies name LNG bunkering vessel in China

Spanish shipowner Ibaizabal and French energy giant TotalEnergies have named the first of two 18,600-cbm LNG bunkering vessels at China's Hudong-Zhonghua.
Contracts and Tenders

TotalEnergies inks preliminary LNG supply deal with China’s Jiangsu Guoxin

French energy giant TotalEnergies has signed a heads of agreement with Jiangsu Guoxin Group, a major energy company in China's Jiangsu province, to deliver 900,000 tons of LNG per year.
Contracts and Tenders

Pakistan seeks spot LNG cargoes

State-owned Pakistan LNG has released a new tender inviting bids for two spot liquefied natural gas shipments.
LNG as Fuel

Vitol takes delivery of LNG bunkering newbuild in China

China’s Nantong CIMC Sinopacific Offshore & Engineering has delivered Vitol’s liquefied natural gas (LNG) bunkering and supply vessel, Vivit Asia LNG.