Pakistan Scrambles for LNG as Winter Gas Crisis Deepens

AI Summary

Pakistan LNG Limited has retendered for two LNG cargoes to address a deepening winter gas shortage, seeking delivery in mid-December and early January. The cargoes are to be delivered to Port Qasim, with the tender following the rejection of earlier bids.

State-owned Pakistan LNG Limited (PLL) has issued a tender to purchase two LNG cargoes from international suppliers for delivery in mid-December and early January, Business Recorder reports, citing a tender notice. Winning bidders in the tender are expected to deliver the LNG cargoes on a delivered ex-ship (DES) basis at Port Qasim, one in the December 14-16 window, and the other between January 9 and 11, 2027. The new tender is a re-issue of a previous one, in which Pakistan had rejected bids from two suppliers, who had quoted prices of between…