Pakistan – (Staff Reporter/Web Desk) – Pakistan invites fresh bids from international suppliers for two spot cargoes of liquefied natural gas (LNG). The federal government has issued a new tender as it tries again to secure gas for the winter months.
Suppliers must submit their offers by November 18. The bids will be opened on the same day.
The government wants one cargo to arrive between December 14 and 16, 2026. The second cargo is needed between January 9 and 11, 2027.
This is the second attempt in just over a week. The government had issued a similar tender nearly seven days ago, but it did not go through.
Sources say the earlier bids were rejected because the prices were too high. Officials were not happy with what suppliers had asked for.
Three companies had responded to the earlier tender for the December cargo. Their offers ranged from $27.27 to $31 per million British thermal units (MMBtu).
The January cargo got an even weaker response. Only one bid came in, at $27.01 per MMBtu.
Winter is a busy time for gas demand in Pakistan. Homes need it for heating and cooking, and power plants and industries also depend on it. That is why the government is keen to arrange supplies early.
It is not yet clear whether prices will come down this time. Much will depend on how many suppliers take part and what rates they offer.
The results will be known once the bids are opened on November 18. The government will then decide whether to accept any offer or reject them again.
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