KARACHI: (HRNW) The Pakistan LNG Limited (PLL) has received the lowest bids in the range of $29.896/mmbtu to $30.65/mmbtu in response to an emergency tender issued on November 2, 2021 for two LNG cargoes.
The record high commodity prices have put at risk the energy security and affordability for many Asian players, as the region heads into peak winter season with uncertainty around the energy markets.
Vitol Bahrain has offered the lowest bid of $29.89/mmbtu for the November 19 to 20 delivery, while QP Trading has offered the lowest bid of $30.65/mmbtu for November 26 to 27 delivery.
A total of five bids were received. Total Energies didn’t bid for the first delivery and offered $30.96/mmbtu for the second delivery.
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