Pakistan LNG Limited issues tender for two winter spot cargoes
Pakistan LNG Limited has invited international suppliers to bid for two spot LNG cargoes for December and January. Bids are due on November 6 for delivery at Port Qasim in Karachi.
For information only, not investment advice. Prices change quickly: check the time and source of every figure.
- Tender PLL/IMP/LNGT80 seeks two spot LNG cargoes for winter
- Deliveries are due December 14-16 and January 9-11 at Port Qasim
- Each cargo is estimated at about $100 million, per ProPakistani
Pakistan LNG Limited (PLL), a government-owned company, has issued an international tender for two spot cargoes of liquefied natural gas to meet demand in the winter months. The tender was issued from Islamabad and reported on Wednesday, November 4.
Under tender number PLL/IMP/LNGT80, the first cargo is to be delivered between December 14 and 16, 2026, and the second between January 9 and 11, 2027. Business Recorder reported that PLL's notice, displayed on its website, seeks supplies on a Delivered Ex-Ship basis at Port Qasim in Karachi.
International suppliers have been asked to submit bids by November 6, and the bids received will be opened the same day, according to Daily Jang and 24 News.
ProPakistani reported that each cargo is 140,000 cubic meters, with a tolerance of plus or minus 5 percent. It said each shipment is estimated to cost around $100 million at current market prices, so the two together could cost about $200 million. The tender notice does not disclose the final purchase price.
ProPakistani also reported that heating demand is expected to rise and that spot LNG prices are approaching their highest level since 2022.
24 News said the procurement aims to ensure gas availability during higher winter demand. It also reported that Ali Pervaiz Malik held a press conference in Islamabad on November 3. He said: "Seeing people's distress and also knowing that from December and January, winter will be at its peak even if the most expensive fuel has to be purchased for the piped network, we will bring it in and try to meet demand through LNG."
Background
khabr.pk reported on 4 November that Sui Southern Gas Company announced a winter schedule giving domestic consumers gas at breakfast, lunch and dinner times in Sindh and Balochistan, effective from November 4 under federal government directives.
Why it matters for Pakistan
Winter gas supply affects households that depend on piped gas for cooking and heating, as well as industry. The tender is the government's first step in arranging extra LNG for December and January. Ali Pervaiz Malik said the government would bring in costly fuel if needed for the piped network. The final price has not been disclosed in the tender notice.
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