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    Pakistan gets no offer in its latest LNG tender: press

Summary

The company had planned to procure two cargoes in July, five cargoes in August and three in September.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Security of Supply, Corporate, Import/Export, News By Country, Pakistan

Pakistan gets no offer in its latest LNG tender: press

State-owned Pakistan LNG (PLL) has not received even a single offer in its latest tender to source 10 LNG spot cargoes in July, August and September, Bloomberg reported on July 7.

The company had planned to procure two cargoes in July, five cargoes in August and three in September. The tender closed on July 7.

It’s the fourth time in roughly a month that Pakistan, which is facing a severe energy crisis, has failed to complete an LNG purchase tender, Bloomberg added. PLL last week received just a single bid in its spot LNG tender for July against four planned purchases.