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Pakistan seeks two LNG cargoes for Dec, Jan as winter looms

  • PLL is seeking the cargoes to meet the country's gas requirements
Published Updated

State-owned Pakistan LNG Limited (PLL) has invited bids from reputed international suppliers for the supply of two liquefied natural gas (LNG) cargoes on a Delivered Ex-Ship (DES) basis at Port Qasim, Karachi.

According to the tender notice issued on Thursday, PLL is seeking the cargoes to meet the country’s gas requirements.

The first cargo is scheduled for delivery during December 14-16, 2026, while the second cargo is scheduled for delivery during January 9-11, 2027.

PLL, which is owned by the Government of Pakistan, has the mandate to procure LNG to meet the country’s gas requirements.

Pakistan has intensified efforts to secure discounted liquefied natural gas (LNG) from Qatar under existing long-term contracts as winter demand looms and ongoing disruptions in the Strait of Hormuz threaten global energy supply chains.

The development came days after PLL considered and declined two spot LNG cargo bid offers scheduled for delivery in December 2026 and January 2027.

On Tuesday, PLL received two bids for the LNG supply for December. Total Energies Gas & Power Limited quoted a bid offer of USD 27.30 per MMBtu, while Qatar Energy Trading LLC quoted a bid offer of USD 31 per MMBtu.

Total Energies Gas & Power Limited was declared the lowest evaluated bidder for the window.

For the second cargo for the delivery window of January 2027, Total Energies Gas & Power Limited quoted a bid offer of Rs24,281,600,000 or USD 27.1 per MMBtu and was declared the lowest evaluated bidder.

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