AsiaContracts and Tenders

No bids in Pakistan LNG’s tender for six shipments

By LNG Prime Staff
No bids in Pakistan LNG’s tender for six shipments
For illustration only (Image: Excelerate Energy)

State-owned Pakistan LNG said it had received no offers for its tender seeking bids for a total of six spot LNG shipments.

The firm released this tender on June 13 for delivery in October and December and said it will close on June 20.

The delivery windows included October 5-6, October 20-21, October 31, December 7-8, December 13-14, and December 24-25.

However, Pakistan LNG said in an evaluation report posted on Tuesday it had received no offers for these cargoes.

Pakistan LNG did not provide any additional information.

Besides this tender, Pakistan LNG also launched another tender on June 20 for three spot cargoes with delivery over January-February 2024.

This tender closes on July 14.

Prior to these tenders, Pakistan LNG has not issued a tender for cargoes since August last year.

Spot LNG prices dropped considerably this year, promting the country to return to the spot market in order to secure gas supplies for its power plants.

In October last year, Pakistan LNG said it had received no offers for its tender seeking bids for a total of 72 LNG shipments.

Also, it received no bids in July for a tender seeking ten spot cargoes.

Pakistan currently imports LNG via the FSRU BW Integrity which serves Pakistan GasPort’s terminal in Port Qasim, Karachi, and the Energo Elengy facility, served by the FSRU Exquisite.

Most Popular

Contracts and Tenders

SEFE, Trafigura seal five-year gas supply deal

German gas and LNG importer Securing Energy for Europe (SEFE) has signed a new five-year gas supply contract with commodity trader Trafigura.
Contracts and Tenders

Deutsche ReGas charters second Mukran FSRU from MOL

Private German LNG terminal operator Deutsche ReGas has signed a deal with Japan's MOL to charter a second floating sturage and regasification unit and restore full capacity at its Mukran LNG import terminal in Germany.
LNG Terminals

NextDecade progresses commissioning of first Rio Grande LNG train

US LNG developer NextDecade is moving forward with commissioning activities at the first liquefaction train of its Rio Grande LNG terminal in Texas, and it continues to expect first gas into the LNG facility before year-end 2026.

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.