Karachi April 22 2022: Pakistan LNG Limited invites bids for the supply of LNG cargoes for the month of May 2022 and June 2022 on April 21st 2022.
This is at a double prices when compared with average LNG procurement price of $12.08 per mmbtu for the month of April.
Pakistan LNG Limited receives 10 bids out of which five bids three for the month of May 2022 and two for the month of June has been shortlisted.
The lowest bid was offered by Qatar Energy Trading at $24.15 per mmbtu for 12-13th May. Vitol Bahrain offered to supply gas on 17-18th of May at $31.77 per mmbtu while Total Energies offered to supply LNG during last week of May at $26.7 per mmbtu.
For the month June, Pakistan LNG limited received no offer the window of first week. While received lowest bid from Qatar Energy Trading at $27.65 per mmbtu for 6-7th of June and Total Energies offered to supply gas at $29.04 per mmbtu for 16-17th of June.