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int · 5 hrs ago
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Pakistan again turns to spot LNG market, seeks bids for 2 cargoes
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Pakistan's state-run LNG company has issued urgent tenders for two liquefied natural gas cargoes to address power shortages expected during the summer heat spike, with bid deadlines set for May 7.
Pakistan again turns to spot LNG market, seeks bids for 2 cargoes
ISLAMABAD: State-run Pakistan LNG Limited (PLL) on Wednesday floated urgent tenders for the import of two liquefied natural gas (LNG) cargoes for delivery between May 12-14 and May 24-26 amid rising temperatures and power shortfall.
The company set May 7 (Thursday) as the deadline for bids, which will be opened the same day, given the urgent need to meet the power demand expected to spike again as the cargo imported in the last week of April has been consumed.
The tender comes after authorities’
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