Pakistan decides immediate LNG purchase for three cargoes, as the government moved to secure liquefied natural gas through spot buying. Officials said the decision aims to meet rising energy demand and ensure stable gas supply during peak consumption periods. Meanwhile, Pakistan LNG Limited invited international companies to submit bids for the three cargoes. The deadline […]
liquefied natural gas
Pakistan seeks three spot LNG cargoes in first tender since Dec 2023
Pakistan LNG Limited has issued its first spot tender for liquefied natural gas (LNG) since December 2023 amid supply shortfalls triggered by the US-Israeli war on Iran. The company is seeking bids from international suppliers for three LNG cargoes of around 140,000 cubic meters each for delivery on April 27-30, and on May 1-7 and […]
LNG surplus forces govt to rethink 15-year gas connection ban
The federal government is considering lifting the 2009 ban on new gas connections to manage a growing liquefied natural gas (LNG) surplus. Currently, more than 3.5 million applications from households and industries are pending with Sui gas companies. Officials believe this move will improve gas utilization and ease pressure on unused infrastructure. Due to high […]