Pakistan LNG Limited issues new tender for two LNG cargoes
Pakistan LNG Limited has issued a new tender for two LNG cargoes for May delivery, following a rejected previous tender, as the government seeks affordable supplies for peak summer demand.
- Pakistan's new tender for two LNG cargoes.
- Government strategy for affordable summer LNG supplies.
- Previous tender rejection and spot price expectations.
ISLAMABAD: Pakistan LNG Limited (PLL) has issued a new tender inviting international suppliers to provide two LNG cargoes on a Delivered Ex-Ship (DES) basis at Port Qasim, Karachi. Each cargo is specified at 140,000 cubic meters (approximately 100 mmscfd), with delivery windows set for May 12–16 and May 24–28. The deadline for bid submissions is May 11.
On Saturday, Petroleum Minister Ali Pervaiz Malik announced that the government is negotiating with long-term LNG contract partners to secure supplies for affordable electricity during the peak summer months. Additionally, the government is engaging with friendly nations to import spot cargoes to meet the surging seasonal demand.
READ ALSO: Pakistan seeks two LNG cargoes for May
This is the second tender issued by PLL this week. A tender on May 6 sought two cargoes but rejected the offers amid expectations that easing regional tensions could lower spot LNG prices and allow stranded Qatari supplies to resume.
The rejected bids included USD 17.28 per million British thermal units (MMBtu) from BP Singapore Pte Limited and USD 16.98 per MMBtu from TotalEnergies Gas & Power Limited.
Other suppliers were Vitol Bahrain at USD 17.84 per MMBtu, OQ Trading at USD 18.58 per MMBtu, SOCAR Trading at USD 17.21 per MMBtu, and PetroChina International Singapore at USD 17.69 per MMBtu for the first cargo and USD 17.49 per MMBtu for the second.
Copyright Business Recorder, 2026
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