Pakistan Seeks 2 LNG Cargoes for December-January

Pakistan LNG Limited (PLL), a state-owned company, has issued a tender notice inviting international suppliers to bid for two liquefied natural gas (LNG) cargoes. The deliveries are scheduled for December 2026 and January 2027, in anticipation of increased winter gas demand in Pakistan. The LNG is to be delivered at Port Qasim, Karachi, on a Delivered Ex Ship (DES) basis.

The first shipment is expected between December 14-16, 2026, while the second shipment is anticipated between January 9-11, 2027. PLL, responsible for procuring LNG to meet the nation's gas needs, has also been actively pursuing discounted LNG supplies from Qatar under existing long-term contracts. This comes amidst concerns over potential disruptions in the Strait of Hormuz and the need to ensure a steady supply of gas during the winter months.

The latest tender follows PLL's rejection of two spot LNG cargo offers for December 2026 and January 2027. Total Energies Gas and Power Limited was declared the lowest evaluated bidder for the December 2026 delivery, offering $27.30 per million British thermal units (MMBtu). For the January 2027 shipment, Total Energies was again the lowest evaluated bidder, with an offer price of Rs. 24.28 billion, or $27.10 per MMBtu.