Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan receives lowest bid for first cargo for the period Sept 12-13

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August 19, 2020: Pakistan has received the lowest bid for first cargo for the period September 12-13 at 7.9673% of Brent, i.e. three months average.

The second cargo for September 25-26 has been priced at 6.9511% of Brent, also three months average.

The company for first cargo is POSCO International, whereas SOCAR Trading is for the second one.

Pakistan LNG Ltd has successfully arranged an additional cargo for this month which would be priced at 9.3421% of 3 months average Brent Petro China

Pakistan also got a spot cargo at 5.74% Brent for Aug 27-28 delivery from SOCAR, which is the lowest Brent slope spot cargo heard awarded

Copyright Mettis Link News

Posted on: 2020-08-19T13:15:00+05:00

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