Pakistan has rejected the lowest international bids for liquefied natural gas (LNG) imports, signalling a shift in its procurement strategy amid expectations of cheaper supply from long-term agreements with Qatar. Read More: Pakistan seeks two LNG cargoes for May According to officials familiar with the development, Pakistan opted not to accept the most competitive offers received for two […]
Pakistan LNG
Pakistan issues tender for two LNG cargoes
Pakistan has issued spot purchase tenders for two liquefied natural gas (LNG) cargoes for May as the country seeks to maintain fuel supplies for power generation and energy demand. According to sources in the Petroleum Division, Pakistan LNG Limited has invited bids from international suppliers for the purchase of two LNG cargoes. Read More: Pakistan engages […]
LNG prices spike as supply route disruption hits Pakistan
Pakistan has been forced into a high-cost liquefied natural gas (LNG) purchase after disruptions linked to the Strait of Hormuz tightened global supply routes. State-run Pakistan LNG Limited approved a revised bid of $18.4 per mmBtu from TotalEnergies for delivery between April 27 and 30. Read More: Pakistan Moves to Secure LNG via Immediate Spot Purchase The deal comes […]
Pakistan LNG Limited has issued its first spot liquefied natural gas (LNG) tender since December 2023
Pakistan LNG Limited has issued its first spot liquefied natural gas (LNG) tender since December 2023, as the country moves to address fuel shortages and stabilise electricity supply amid global market disruptions. Read More: Azerbaijan says ready to supply LNG to Pakistan amid energy crunch The tender seeks three LNG cargoes of around 140,000 cubic metres each, scheduled for […]
Pakistan asks Qatar to divert 24 LNG cargoes
ISLAMABAD – Pakistan has asked Qatar to divert 24 of its contracted LNG cargoes to the international market in 2026 due to declining domestic demand and an oversupply of imported gas, The News reported on Saturday. Officials from the Petroleum Division said the proposal would be finalised by the end of October under the Net […]