Islamabad June 20 2023: Pakistan LNG didn’t receive offers to purchase six cargoes on a DES basis for Oct. and Dec. delivery to Port Qasim, according to traders with knowledge of the matter.
Tender closed on June 20, 2023.
Several overseas lenders won’t accept letters of credit, a Pledge by a bank to repay funds if the buyer can’t, from Pakistani counterparts to purchase LNG shipments.
