ISLAMABAD: Pakistan LNG Limited (PLL) has awarded a contract for a spot liquefied natural gas (LNG) cargo to BP Singapore at a price of $19.1337 per million British thermal units (MMBtu), securing additional fuel supplies as the country continues to navigate a challenging regional LNG market and heightened concerns over energy security.
According to details released by the PLL, the cargo, with a capacity of 140,000 cubic meters, is scheduled for delivery during the June 6-7, 2026 window at the Pakistan GasPort Consortium Limited (PGPL) terminal located at Port Qasim, Karachi.
The PLL received a total of five bids from Vitol Bahrain, TotalEnergies Gas & Power, SOCAR Trading, PetroChina International Singapore and BP Singapore. Following the evaluation of financial proposals and approval from the National Crisis Management Cell (NCMC), the PLL awarded the cargo to BP Singapore, whose offer of $19.1337/MMBtu emerged as the lowest among all qualified bids.
