Pakistan floats tender for six spot LNG cargoes

State-owned Pakistan LNG has released a new tender inviting firms to submit bids for a total of six shipments for delivery in May and June.

Pakistan LNG offered six windows for the cargo deliveries, according to a tender document dated April 17.

The delivery windows include May 12-13, May 17-18, May 27-28, June 1-2, June 6-7, and June 16-17.

Pakistan LNG is seeking 140,000-cbm cargoes on a delivered ex-ship (DES) basis while the tender closes on April 21.

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 sought two LNG cargoes over the April-May period as the country looks to secure supplies for its power plants.

Trader Vitol submitted the most competitive bid for the April 21-22 delivery, while state-owned energy giant PetroChina submitted the lowest bid for the May 14-15 window.

Vitol offered a price of $34.6777/MMBtu while PetroChina priced its cargo at $33.5300/MMBtu.

Local media reports suggest that Pakistan LNG had decided not to buy these two cargoes due to high prices.

Most Popular

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

Seatrium: LNG carrier owners delaying non-essential repairs due to low charter rates

Liquefied natural gas (LNG) fleet owners are delaying non-essential repairs due to low charter rates, according to Singapore's Seatrium.

Excelerate raises 2025 guidance after Jamaica deal

US FSRU player Excelerate Energy raised its full-year 2025 adjusted Ebitda guidance range following the recent acquisition of New Fortress Energy's business in Jamaica.

More News Like This

Azerbaijan, Pakistan extend LNG supply deal

State-owned Pakistan LNG and Azerbaijan’s Socar agreed to extend their existing liquefied natural gas (LNG) supply and purchase deal.

Excelerate: Pakistan FSRU wraps up 600th STS LNG transfer

The 150,900-cbm FSRU Exquisite, jointly owned by US FSRU player Excelerate Energy and Qatari LNG shipping giant Nakilat, has...

Gunvor, Pakistan settle LNG supply dispute

Geneva-based energy trader Gunvor has resolved a dispute with state-owned Pakistan LNG over issues related to contracted LNG supplies. "Gunvor...

OQ Trading submits lowest bid in Pakistan LNG tender

Oman’s state-owned firm OQ Trading has submitted the lowest bid in a tender to supply Pakistan with one spot...