Six companies qualify for Pakistan LNG import tender

Published August 6, 2020
The companies are among 11 offers that were placed into the tender. — AFP/File
The companies are among 11 offers that were placed into the tender. — AFP/File

SINGAPORE: Six companies have technically qualified for an import tender by Pakistan LNG to buy two cargoes of liquefied natural gas (LNG) for delivery in Sept­e­mber, according to a notice on the company’s website.

The six companies qualified among 11 offers that were placed into the tender, according to the notice.

They are SOCAR Trading (UK), Gunvor Singapore, PetroChina International Singapore, Trafigura, Vitol Bahrain and Posco International Corp.

It is unusual for Posco to participate in Pakistan LNG’s import tender and could be the South Korean company trying to expand its third-party trading activities, according to an industry source.

Commercial proposal from the bidders for the Pakistan tender are expected to be opened later on August 5.

Published in Dawn, August 6th, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...
Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...