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

LNG Terminals

Shell, partners take FID on LNG Canada Phase 2

UK-based LNG giant Shell and its LNG Canada partners have made a final investment decision on the project's second phase, which will double production capacity at the facility in Kitimat, British Columbia.
LNG Terminals

TotalEnergies plans second Mozambique LNG phase

French energy giant TotalEnergies plans to expand its Mozambique LNG project, currently under construction in Cabo Delgado province, with a second phase, according to management.
LNG Terminals

NextDecade’s Rio Grande LNG gets FERC OK to boost capacity

US LNG developer NextDecade has secured a green light from the Federal Energy Regulatory Commission to increase approved capacity at its Rio Grande LNG terminal in the Port of Brownsville, Texas.

More News Like This

LNG Terminals

TotalEnergies plans second Mozambique LNG phase

French energy giant TotalEnergies plans to expand its Mozambique LNG project, currently under construction in Cabo Delgado province, with a second phase, according to management.
Corporate

TotalEnergies board backs CEO Pouyanne for another term

French energy giant and LNG player TotalEnergies said ​on Friday that ‌its board unanimously ​backed ​the renewal of ⁠chairman ​and ​CEO Patrick Pouyanne's mandate.
LNG Terminals

TotalEnergies, Amni take FID on Ima gas project to supply Nigeria LNG

French energy giant TotalEnergies and its partner Amni have taken the final investment decision for the development of the Ima gas project offshore Nigeria to supply Nigeria LNG’s Bonny Island export plant.
Contracts and Tenders

TotalEnergies, GS Energy pen long-term LNG SPA

French energy giant TotalEnergies has entered into a long-term agreement with South Korea’s GS Energy to supply the latter with liquefied natural gas (LNG).