Pakistan LNG Company Seeks 140,000 Cubic Meters of Spot LNG Cargo
2026-07-19 16:51
Favorite

en.Wedoany.com Reported - Pakistan LNG is seeking to procure one spot LNG cargo with a volume of 140,000 cubic meters on a DES (Delivered Ex Ship) basis. According to a document released on Friday, the delivery window for this cargo is July 27-28.

Pakistan seeks spot LNG cargo again

The winning bidder must deliver the cargo to the "BW Integrity" floating storage and regasification unit (FSRU), which serves the terminal of Pakistan GasPort at Port Qasim, Karachi, or to the Energo Elengy facility using the "Exquisite" FSRU. The bid deadline is 2:30 PM (Pakistan Standard Time, PST) on July 20.

This comes shortly after PetroChina International submitted the lowest bid in a tender to supply a spot LNG cargo to Pakistan next week, at a price of $20.6999 per million British thermal units (MMBtu). This bid represents the highest price Pakistan LNG has paid for a spot cargo this year. Last week, BP Singapore submitted the lowest bid in another tender to supply a spot LNG cargo for July 15-16, at $18.2345 per MMBtu. Earlier this month, TotalEnergies Gas and Power, a subsidiary of France's TotalEnergies, also submitted the lowest bid to supply a spot LNG cargo for July 10-11, at $17.3700 per MMBtu.

The new tender comes amid an incident on July 7 when the Q-Flex LNG carrier "Al Rekayyat," owned by Nakilat, was struck by a projectile while transiting the Strait of Hormuz, and fresh clashes between the United States and Iran over the past six days. Most of Pakistan's LNG supply comes from long-term contracts with Qatar, and in May, the country received three LNG cargoes from Qatar via the Strait of Hormuz, the first since the outbreak of the Middle East conflict. According to Kpler data, no LNG carriers have transited the Strait of Hormuz since July 11. Attacks on commercial vessels by Iran and subsequent military clashes between Iran and the United States have continued to deteriorate the security situation in this strategic waterway.

This bulletin is compiled and reposted from information of global Internet and strategic partners, aiming to provide communication for readers. If there is any infringement or other issues, please inform us in time. We will make modifications or deletions accordingly. Unauthorized reproduction of this article is strictly prohibited. Email: news@wedoany.com