ISLAMABAD: The Pakistan LNG Limited (PLL) has invited bids from reputed international LNG trading companies for procurement of a liquefied natural gas (LNG) cargo with a capacity of 140,000 cubic metres, scheduled for delivery on June 6-7, 2026.
According to the tender issued by the PLL, bids are to be submitted by 2pm on June 4, 2026, while the bid opening is scheduled for 2:30pm the same day.
Under the amended Public Procurement Regulatory Authority (PPRA) rules, the PLL is required to communicate its decision to participating bidders by 10pm on June 4, indicating whether the cargo offer has been accepted or rejected.
Market sources indicated that spot LNG prices are currently hovering above $18.61 per million British thermal units. As a result, international LNG suppliers are expected to submit offers in the range of $19.50-20 per MMBtu, reflecting prevailing conditions in the global spot market and potentially making the cargo one of the costlier purchases for Pakistan in recent months.
Sources said the PLL issued the latest spot tender on the directives of National Crisis Management Cell (NCMC), a body constituted by the prime minister to oversee and coordinate responses to emerging national supply and energy security challenges.
