Overview
- Pakistan LNG Limited issued the fresh tender on Nov. 12 and set a Nov. 18 deadline for bids to deliver two spot cargoes to Port Qasim in mid‑December and early January.
- Each cargo is about 140,000 cubic meters with a plus/minus 5% tolerance and will be delivered on a Delivered Ex‑Ship (DES) basis at Port Qasim, Karachi.
- PLL rejected earlier offers reported in the $27.1–31 per MMBtu range and had evaluated TotalEnergies as the lowest bidder for the December and January windows.
- The re‑tender is part of a winter procurement push that targets 18 LNG cargoes from November 2026 to February 2027 and that prioritizes cheaper long‑term Qatari volumes where possible.
- Regional disruptions that have limited some Qatari shipments have pushed Pakistan toward volatile spot buying, raising short‑term import costs and putting pressure on power generation budgets and household supply reliability.