Pakistan LNG seeks three spot cargoes for March

State-owned Pakistan LNG has invited bids for three spot liquefied natural gas cargoes for delivery in March.

The importer is seeking the cargoes on a delivered ex-ship (DES) basis at Port Qasim, Karachi where Pakistan’s LNG facilities are located.

Additionally, the cargoes will be delivered over three windows. The first window is from March 9-10, the second from March 16-17, and the third from March 22-23, according to a tender document posted on Pakistan LNG’s website.

The tender closes on January 15 and remains valid until January 25.

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.

Pakistan imported 8.10 million tonnes of the fuel last year, a rise of 18.1 percent on year, GIIGNL data shows.

Qatar is the largest supplier of LNG to Pakistan but the country also receives chilled fuel from other Middle East producers and suppliers from other regions.

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