Pakistan launches fresh spot LNG tender

State-owned Pakistan LNG has released a new tender inviting firms to submit bids for one spot liquefied natural gas shipment.

Pakistan LNG is seeking one 140,000-cbm cargo on a delivered ex-ship (DES) basis, according to a document released on Wednesday.

The delivery window is July 15-16.

Moreover, the potential tender winner will deliver the cargo to the FSRU BW Integrity serving Pakistan GasPort’s terminal in Port Qasim, Karachi, or the Energo Elengy facility, which uses the FSRU Exquisite.

The tender closes on July 10 at 2:30 p.m. (PST).

Last week, a unit of French energy giant TotalEnergies submitted the lowest bid in a tender to supply Pakistan with one spot LNG shipment on July 10-11.

TotalEnergies Gas and Power offered a price of $17.3700/MMBtu.

Before this tender, BP Singapore submitted the lowest bid in a tender to supply Pakistan with one spot LNG shipment during June 30-July 4.

BP Singapore offered a price of $16.7372/MMBtu.

The BP unit also recently submitted the most competitive bid, offering a price of $19.1337/MMBtu, for a spot LNG cargo scheduled for June 6-7.

This new tender follows a projectile attack on Nakilat’s Q-Flex LNG carrier while transiting the Strait of Hormuz on Tuesday.

The vessel is loaded with LNG from the giant QatarEnergy-operated Ras Laffan LNG complex, which was attacked in March this year.

Pakistan gets most of its supplies under long-term contracts from Qatar.

In May, Pakistan received three LNG cargoes from Qatar via the Strait of Hormuz, the first time since the start of the Middle East conflict.

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