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

Venture Global’s Plaquemines LNG wraps up $4 billion notes offering

Venture Global's unit Plaquemines LNG has closed a $4 billion offering of senior secured notes.

Argentina’s Enarsa to spend $567 million on LNG purchases

Argentina's state-owned LNG importer, Energia Argentina (Enarsa), will spend $570 million to purchase 22 liquefied natural gas (LNG) cargoes from BP and TotalEnergies this year.

Shell’s LNG Canada to ship second cargo

Shell-led LNG Canada is expected to soon ship the second cargo of liquefied natural gas from the Kitimat facility on the west coast of Canada, according to shipping data.

More News Like This

Argentina’s Enarsa to spend $567 million on LNG purchases

Argentina's state-owned LNG importer, Energia Argentina (Enarsa), will spend $570 million to purchase 22 liquefied natural gas (LNG) cargoes from BP and TotalEnergies this year.

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.