Pakistan floats tender for two spot LNG cargoes
Pakistan's state-owned company, Pakistan LNG (PLL), has announced its intention to secure two LNG cargoes, each with a capacity of 140,000 m3, for delivery in December. This announcement was made through a tender document published on PLL's website on September 27.
The specified delivery windows for these LNG cargoes are December 7-8 and December 13-14, as indicated in the tender document. Companies interested in supplying LNG for these deliveries have until October 4 to submit their bids, with bid opening scheduled for the same day.
Pakistan has faced persistent challenges in sourcing LNG, primarily due to high prices, throughout the past year. This LNG scarcity has resulted in a gas shortage, leading to frequent blackouts and disruptions in industrial activities across the country.
Pakistan's LNG import infrastructure consists of two terminals located at Port Qasim near Karachi. One terminal is operated by Pakistan GasPort, while the other is managed by Elengy.