Pak receives 4 int’l bidders for shipment of LNG

Energy-starved Pakistan has received four bids from international bidders for the shipment of Liquefied Natural Gas for a 10-year period, officials said on Friday.

Pakistan LNG Limited (PLL), a government entity mandated to procure Liquefied Natural Gas (LNG), floated a tender in June inviting international suppliers to make offers to bring LNG.

PLL tender showed that the successful bidder would supply 240 LNG cargoes of 140,000 cubic metres each for delivery over a 10-year period for the country’s second LNG terminal which can receive 600 million cubic feet per day (mmcfd) of natural gas.