AsiaContracts and Tenders

Qatar Petroleum’s trading unit makes lowest bid in Pakistan LNG tender

By LNG Prime Staff
Qatar Petroleum's trading unit makes lowest bid in Pakistan LNG tender
FSRU BW integrity in Port Qasim (Image: Pakistan LNG Terminals)

Qatar Petroleum’s trading unit has submitted the lowest bid in a tender to supply Pakistan with one LNG cargo in April.

The state-owned Pakistan LNG launched the tender in January with the delivery window from April 9-10.

Six companies took part in the tender including DXT Commodities, QP Trading, PetroChina, Gunvor, Total Gas & Power, and Posco, Pakistan LNG’s evaluation report dated February 18 shows.

All of the offers are oil-linked, expressed as a percentage of the Brent crude oil price.

The report shows that QP Trading submitted the most competitive bid at 10.0250 percent of Brent for the sole delivery.

Pakistan has been steadily increasing its LNG imports over the years and the country plans to build several more terminals to cope with gas shortages for power generation.

The Port Qasim currently hosts two LNG import facilities both utilizing floating storage and regasification units.

The country’s first terminal started operations back in 2015 utilizing Exclerate’s FSRU while the second floating LNG import facility uses FSRU BW integrity.

Most Popular

Contracts and Tenders

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).
LNG as Fuel

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.
LNG Terminals

Atlantic LNG shipping rates dip, European prices up

Atlantic spot LNG shipping rates decreased this week, marking the largest week-on-week decline since January.

More News Like This

Vessels

QatarEnergy LNG carrier wraps up trials in China

A 174,000-cubic-meter liquefied natural gas (LNG) carrier, built as part of QatarEnergy's massive shipbuilding program, has completed its trials in China, according to Hudong-Zhonghua.
Contracts and Tenders

Santos inks LNG supply deal with QatarEnergy’s trading unit

Australian LNG player Santos has signed a mid-term LNG supply deal with QatarEnergy Trading, a unit of state-owned LNG giant QatarEnergy.
LNG Terminals

Golden Pass LNG construction continues to advance

Energy giants QatarEnergy and ExxonMobil, along with their contractors, continue to advance construction on their massive Golden Pass LNG export facility in Texas.
LNG Terminals

QatarEnergy eyes major LNG trading expansion

State-owned LNG giant QatarEnergy aims to increase trading of non-Qatari physical LNG volumes to 30 to 40 million tons by 2030, according to Qatar’s energy minister and chief executive of QatarEneergy, Saad Sherida Al-Kaabi.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA