Gunvor bid lowest for Nov LNG cargo delivery

ISLAMABAD: Gunvor Singapore has offered the lowest bid for the delivery of one cargo of liquefied natural gas (LNG) to Pakistan in November at 13.8699% slope of Brent, an official said on Thursday.

The delivery window for the cargo - 140,000 cubic metres and with an energy content 3,200,000 MMBTU - is November 15 to 16, the bid document showed.

Only two bidders qualified for the tender floated by government subsidiary Pakistan LNG Limited (PLL), a company official told Reuters.

The other bidder was Trafigura that offered 14.3777% slope of Brent.