ISLAMABAD: Pakistan LNG Limited (PLL) has invited bids for the purchase of one spot liquefied natural gas (LNG) cargo for delivery from September 4 to 8.
The state-owned LNG company has asked international suppliers to submit their bids by Tuesday. The bids will also be opened on the same day.
The cargo is being sought for delivery during the September 4-8 window.
Pakistan has been buying more LNG from the spot market as disruptions in the Middle East have affected some of its regular supplies. The additional purchases are aimed at keeping gas available for power plants and meeting demand from consumers.
Spot LNG usually costs more than supplies secured through long-term contracts, putting additional pressure on the country’s energy import bill.
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