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Pakistan Reissues Third LNG Tender for Mid-September Delivery

The move highlights the government's struggle to secure affordable cargoes, with direct implications for RLNG supply, power outages, fuel costs.

Overview

  • On Sunday Pakistan LNG Limited reissued a tender for one spot LNG cargo for delivery between September 12 and 16 and set a bid deadline of September 8.
  • PLL cancelled two earlier September tenders after receiving high offers, including sole bids from BP Singapore at about $26.90 and $26.7128 per MMBtu that were judged commercially unacceptable.
  • The new invitation seeks a single cargo of roughly 140,000 cubic metres plus or minus 5 percent, uses a two-envelope technical and commercial process, and requires the lowest evaluated price among compliant bidders.
  • The procurement follows suspension of some contracted Qatari supplies under force majeure that forced PLL into costly spot purchases and contributed to RLNG shortages that left several gas‑fired plants offline and prompted government apologies for night‑time load shedding.
  • PLL is not obliged to buy if bids remain unaffordable, so the outcome by the Sept. 8 deadline will determine whether mid‑September deliveries ease power shortfalls or push Pakistan into further expensive spot purchases and higher public fuel bills.