Gunvor edges rivals in six-cargo LNG tender

Gunvor submitted the most competitive offers for five of six liquefied natural gas (LNG) cargoes sought by Pakistan LNG for delivery in July and August via a tender, according to a commercial evaluation document.
The trader, which alone among rivals competed for all six delivery slots, only lost out to trader Vitol - which vied for three slots - for the final one on August 23-24, the document shows. Trafigura submitted offers to supply a cargo in late July and late August, respectively, but its offers were undercut by rivals.