March 22, 2021: Pakistan has invited bids from foreign suppliers to help the country to bring eight LNG cargoes for the period April to June aimed to meet the energy shortfall and curtail load shedding.

Pakistan LNG Ltd, an arm of government on Monday invited eight cargoes for the quarter ending June 30, 2021, the document said.

The suppliers can file bids until March 30, 2021. Each cargo will carry 140,000/m3.

First Cargo for 30 April 2021, Cargo 2 (11 – 12 May 2021), Cargo 3 (16 – 17 May 2021), Cargo 4 (26 – 27 May 2021), Cargo 5 (31 May 2021) Cargo 6 (08 – 09 June 2021), Cargo 7 (18 – 19 June 2021) and Cargo 8 (27 – 28 June 2021).

Pakistan last month signed an agreement with Qatar Government for the period of 10 years at the price of 10.20% on Brent Crude oil.

During the last bidding, Qatar Petroleum's lowest bid for the supply of LNG cargo for the window of April 9-10 was at 10.02% of the Brent Crude Oil.

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