Govt buys priciest four LNG cargoes since 2015
MG News | July 30, 2021 at 10:16 AM GMT+05:00
July 30, 2021 (MLN): The government has purchased four liquefied natural gas (LNG) cargoes for September delivery at the highest-ever rates at more than $15 per million British thermal units, the highest since the country began LNG imports in 2015.
According to the sources, the State-owned Pakistan LNG Limited (PLL) first canceled tenders for eight cargoes for September and October, reasoning that the price was higher at $13.78 per mmBtu, but now it has bought four cargoes at prices higher than ever to mitigate load shedding.
Gunvor will deliver the three cargoes: the first during September 6-7 at the rate of $15.397 per mmBtu, the second cargo on September 12-13 at $15.497 per mmBtu while the third one on September 17-18 at the price of $15.397 per mmBtu.
PetroChina will provide LNG cargo on September 27-28 at $15.199 per mmBtu. These cargoes will be delivered between September 6 to September 28.
Copyright Mettis Link News
Related News
_20251230120446451_06c077.webp?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 174,472.80 415.89M | 0.33% 576.45 |
| ALLSHR | 104,651.34 842.56M | 0.49% 512.09 |
| KSE30 | 53,490.51 167.58M | 0.40% 214.40 |
| KMI30 | 249,663.89 207.53M | 0.51% 1277.01 |
| KMIALLSHR | 68,039.48 418.05M | 0.42% 287.19 |
| BKTi | 48,368.14 50.33M | 0.46% 219.70 |
| OGTi | 34,867.38 19.89M | 1.69% 580.53 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 89,050.00 | 89,960.00 87,125.00 | 1490.00 1.70% |
| BRENT CRUDE | 61.31 | 61.88 60.95 | -0.18 -0.29% |
| RICHARDS BAY COAL MONTHLY | 86.75 | 0.00 0.00 | -0.10 -0.12% |
| ROTTERDAM COAL MONTHLY | 96.75 | 96.75 96.30 | 0.45 0.47% |
| USD RBD PALM OLEIN | 1,027.50 | 1,027.50 1,027.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 57.97 | 58.47 57.60 | -0.11 -0.19% |
| SUGAR #11 WORLD | 14.86 | 15.26 14.80 | -0.40 -2.62% |
Chart of the Day
Latest News
Top 5 things to watch in this week
SBP Interventions in Interbank FX Market
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|