AsiaContracts and Tenders

Pakistan floats tender for four spot LNG cargoes

By LNG Prime Staff
Pakistan floats tender for four spot LNG cargoes
FSRU Exquisite and Al Ghariya in Pakistan's Port Qasim (Image: Excelerate Energy)

State-owned Pakistan LNG has released a new tender inviting firms to submit bids for a total of four shipments for delivery in July.

Pakistan LNG offered four windows for the cargo deliveries and the tender closes on on June 23, according to a document released on Thursday.

The delivery windows include July 3-4, July 8-9, July 25-26, and July 30-31.

Pakistan LNG is seeking 140,000-cbm cargoes on a delivered ex-ship (DES) basis.

Also, the potential tender winner will deliver the cargoes to the FSRU BW Integrity serving Pakistan GasPort’s terminal in Port Qasim, Karachi, or the Energo Elengy facility.

Prior to this tender, Pakistan LNG canceled two tenders due to technical reasons.

The state-owned firm issued several tenders this year as the country looks to secure much-needed supply to fuel its power plants.

However, the spot prices remain very high and they rose this week. The JKM LNG price for August settled at $34.650 per mmBtu on Thursday.

Most Popular

Contracts and Tenders

Japan’s Kyushu Electric inks LNG Canada deal

Japan’s Kyushu Electric Power has signed a basic agreement with Diamond Global Energy, a unit of Mitsubishi, to buy liquefied natural gas (LNG) from the second phase of the Shell-led LNG Canada project in Kitimat.
LNG Terminals

Inpex wraps up Abadi LNG FEED work

Japan's Inpex has completed the front-end engineering design (FEED) work for the Abadi LNG project in Indonesia, the company confirmed to LNG Prime on Wednesday.
Vessels

Hanwha Ocean expects ‘substantial’ demand for LNG carriers

South Korean shipbuilder Hanwha Ocean expects "substantial" medium- to long-term demand for LNG carrier newbuildings from 2030 onward, driven by a "significant" number of LNG projects, particularly in the US.

More News Like This

LNG Terminals

Wood Mackenzie: South Asia LNG demand growth derailed due to Middle East conflict

South Asian LNG markets have absorbed one of the most severe supply shocks in the history of the global gas trade, as the war in the Middle East and the closure of the Strait of Hormuz cut off Qatari and UAE LNG flows to a region that had made itself critically dependent on them, according to a new report by UK-based Wood Mackenzie.
LNG Terminals

Pakistan set to receive Qatari LNG cargo

Pakistan is set to receive a liquefied natural gas (LNG) cargo from Qatar via the Strait of Hormuz, according to shipping data.
Contracts and Tenders

Pakistan issues fresh spot LNG cargo tender

State-owned Pakistan LNG has released a new tender inviting firms to bid for one spot liquefied natural gas shipment after reportedly scrapping two previous tenders because of high prices.
Contracts and Tenders

Pakistan launches new spot LNG tender after rejecting bid

State-owned Pakistan LNG has released a new tender inviting firms to submit bids for one spot liquefied natural gas shipment after reportedly rejecting a bid for a cargo priced at $26.969 per MMBtu.