SINGAPORE: A re-issued tender by Pakistan LNG seeking two liquefied natural gas (LNG) cargoes for delivery in July received only one offer, a document posted on the company website showed.

Pakistan LNG was seeking the cargoes for delivery into Port Qasim in Karachi for July 8-9 and July 12-13 in a tender that closed on June 8 and was valid until June 9.

It had re-issued the earlier tender and added flexibilities to attract more offers after it received very high prices and not enough interest.

But its re-issued tender received only one offer, from Vitol Bahrain, for the cargo to be delivered over July 12-13 at a price of $12.7777 per mmBtu. This was higher than the $11.6612 received for the same delivery period in the earlier tender.

Published in Dawn, June 10th, 2021

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.