ISLAMABAD: Pakistan has received bids for the supply of three liquefied natural gas cargoes under spot procurement for deliveries spanning late April and early May, according to Pakistan LNG Limited.
Officials said the bids were submitted by international suppliers in response to a tender issued on April 23, while final approval for the purchases will be given by the Pakistan LNG Board.
According to details released by PLL, a bid of $18.88 per MMBtu was received for an LNG cargo scheduled for delivery between April 27 and April 30, marking the highest quoted offer among the three cargoes.
For a second cargo slated for delivery from May 1 to May 7, a bid of $18.54 per MMBtu was received.
Meanwhile, the lowest bid among the three was recorded for cargo delivery from May 8 to May 14, with an offer of $17.99 per MMBtu.
Pakistan had sought bids from global energy firms for three spot LNG cargoes to help meet anticipated demand during April and May.
Officials said the procurement process reflects continued efforts to secure fuel supplies through the spot market amid evolving global energy conditions.
The bids will now be reviewed before the Pakistan LNG Board makes a final decision on whether to proceed with the purchases.
Energy analysts said pricing and approval decisions would be closely watched given Pakistan’s broader efforts to manage import costs while ensuring supply security.
Spot LNG purchases have remained an important part of Pakistan’s energy strategy, particularly during periods of increased demand or supply constraints.
Market observers noted that fluctuations in international LNG prices continue to influence procurement strategies for importing countries, including Pakistan.
The latest tender comes as global energy markets remain sensitive to geopolitical developments, demand shifts and supply-side uncertainties.
