TotalEnergies, Vitol submit lowest bids in Pakistan LNG tender

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

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

Shell ships first LNG Canada cargo

LNG giant Shell and its partners have shipped the first cargo produced at the LNG Canada facility in Kitimat, on the west coast of Canada.

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

TotalEnergies expands in Malaysia with Petronas deal

French energy giant and LNG player TotalEnergies has entered into a deal with Petronas to buy stakes in multiple blocks offshore Malaysia and one block offshore Indonesia.

Argentina’s Enarsa gets offers for new LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received six offers for its third LNG cargo tender in 2025.

TotalEnergies seals Ksi Lisims LNG deal

French energy giant TotalEnergies has signed a 20-year deal with Ksi Lisims LNG to buy LNG from the latter's planned export project in Canada. In addition, TotalEnergies will acquire a 5 percent stake in Houston-based Western LNG, the developer, shareholder, and future operator of the Ksi Lisims LNG project.

Oman LNG inks supply deal with Vitol

State-owned producer Oman LNG has signed a sales and purchase agreement with energy trader Vitol.