Pakistan seeks 72 LNG cargoes over six years
State-owned Pakistan LNG (PLL) has floated a tender for the supply of 72 LNG cargoes over six years, according to a document posted on the company website on August 6.
The tender documents can be obtained from August 10 to September 13 while the last date for putting in the bids is September 14. The 140,000 m3 cargoes would be delivered to Port Qasim near Karachi.
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The New International reported that the tender has been issued in two parts. In the first part, bids are invited for one year — from December 2022 to December 2023 under which one cargo will be delivered every month.
Under the second part, Pakistan will seek 60 LNG cargoes for five years starting from January 2024 to December 2028 — one cargo every month, The News International added.
Pakistan gets most of its LNG from Qatar under long-term contracts and from the spot markets. In recent months, PLL tenders have been unable to attract much interest. The lack of adequate gas supplies has created a power crisis in the country.