Pakistan moves to spot LNG purchase, invites bids for 3 cargoes

Islamabad (Web Desk): Pakistan has decided to proceed with the spot purchase of liquefied natural gas (LNG) and has invited bids from international companies for three LNG cargoes.

According to sources in Pakistan LNG Limited, bids have been invited until April 24, and the bidding process will also be opened on the same day.

Sources further said that bids have been sought for three LNG cargoes scheduled for April and May.

The first cargo is planned for delivery between April 27 and April 30, while the second cargo will be supplied from May 1 to May 7. The third cargo is scheduled for delivery between May 8 and May 14.