July 23, 2022: Pakistan LNG Ltd (PLL) received a single bid from Qatar Energy at $39.80/mmbtu for an LNG import tender seeking a cargo in the July 30-31 window, an industry source said on Thursday.
The source said no bids were received for three other deliveries sought in July, which was later confirmed by documents uploaded on PLL’s website.
A spokesman for Pakistan’s power ministry, under which PLL operates, did not immediately respond to a Reuters request for comment.
Pakistan had sought four cargoes from international suppliers during the windows of July 3-4, 8-9, 25-26 and 30-31.
In recent years Pakistan has increased reliance on LNG for electricity generation, but is facing widespread power outages as procurement of the chilled fuel remains unreliable and expensive.