Pakistan is looking to purchase an additional liquefied natural gas (LNG) shipment in January 2024 to compensate for domestic fuel production issues and to help alleviate the country’s natural gas shortage this winter.
Pakistan LNG Limited Open Bid For Suppliers
However, according to Pakistan LNG Limited (PLL), bids from reputable international suppliers are being sought for the supply of one LNG cargo at Port Qasim in Karachi, Pakistan, on a Delivered Ex-Ship (DES) basis.
|Tender||Cargo||Delivery Window||Quantity Per Cargo|
|PLL/IMP/LNGT60||1||09-09 January 2024||140,000 m^3 (with tolerance as mentioned in the bid documents)|
“Households could face 18-hour daily gas shortages this winter if Pakistan can’t secure more fuel,” Bloomberg reporter Stephen Stapczynski said in a tweet today.
Furthermore, PLL stated in an advertisement that the bid must be submitted by 1200 hours on November 24, 2023. According to PPRA rules, bids will be opened the same day at 1230 hours PST.
Additionally, the new tender comes as Pakistan struggles to manage its fuel inventory for January 2024 after failing to confirm shipment from the recently agreed-upon deal with the State Oil Company of Azerbaijan Republic (SOCAR).
Impact of Russia-Ukraine War
However, it is worth noting that since the Russia-Ukraine war, Pakistan has struggled to obtain the necessary volume of gas to meet its needs.
Since then, gas shortages in various sectors and households have increased, causing more problems than the country can handle.
To read our blog on “Pakistan to face gas crisis to not buy pricey LNG for 2024,” click here.