Pakistan LNG, a government subsidiary that procures LNG from the international market, also bought one cargo from Qatar Petroleum Trading for delivery over March 24 to 25 at a slope rate of 12.7%, they said.
Record high spot LNG prices due to freezing temperatures in North Asia are forcing emerging economies such as Pakistan to ration gas and seek alternative fuels.
Pakistan LNG, a government subsidiary that procures LNG from the international market, is seeking three cargoes for delivery over March 11 to 12.