Pakistan LNG is seeking two 140,000 cbm cargoes on a delivered ex-ship (DES) basis, according to a document released on Wednesday.
The delivery windows are May 12-14 and May 24–26.
Also, 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 May 7.
Last month, Pakistan LNG also launched a tender for three spot LNG cargoes with windows from April 27–30, May 1-7, and May 8–14.
Prior to this, Pakistan LNG launched its last spot LNG tender in December 2023. This tender was canceled, according to its website.
Pakistan gets most of its supplies under long-term contracts from Qatar, but also from the spot market when the prices are affordable for the country to fuel its power plants.
Spot LNG prices jumped in March due to the Middle East conflict.
QatarEnergy stopped producing LNG at its giant Ras Laffan complex on March 2 due to military attacks on its operating facilities. The LNG producer declared force majeure to its affected LNG buyers on March 4.
The LNG producer announced that it expects the damage to its Ras Laffan complex caused by missile strikes to cost about $20 billion a year in lost revenue and to take up to five years to repair, impacting supply to markets in Europe and Asia.
Several reports recently also said that Azerbaijan’s state energy company Socar is ready to supply LNG to Pakistan as soon as it receives a request from the country.
Last year, Pakistan LNG and Socar agreed to extend their existing LNG supply and purchase deal.
In July 2023, the two firms signed a deal under which Azerbaijan offers one shipment of LNG per month, and Pakistan is free to accept or reject the cargo.
