Eni to deliver 180 LNG cargoes to Pakistan

Eni to deliver 180 LNG cargoes to Pakistan
Image courtesy of Eni

The Italian energy company Eni won a 15-year contract to supply one cargo of liquefied natural gas per month to the state-owned Pakistan LNG. 

Under the contract, Eni will deliver a total of 180 cargoes over the period of the next 15 years, amounting to 11 million tons of LNG.

The quantities of liquefied natural gas Eni will deliver to Pakistan correspond to 25 percent of the country’s imports in 2016. Pakistan is one of the fastest growing LNG markets, Eni notes, adding that this contract will contribute to covering the country’s energy demand.

Pakistan LNG issued two tenders at the end of October last year, seeking a total of 240 cargoes. With Eni winning the tender to supply 180 cargoes over the period of 15 years, Pakistan LNG is left to name the winner of the second tender seeking 60 cargoes to be delivered over a period of five years.

Eni said a significant part of the LNG volumes will be sourced from Indonesia and delivered to the new FSRU moored in Port Qasim.

The 170,000-cbm FSRU has been chartered under a 15-year agreement Singapore-based BW signed in August last year with Pakistan GasPort Limited (PGPL) that will operate the terminal.

According to the tender documents, the deliveries are scheduled to begin in July this year.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

2nd Central and Eastern European Small Scale LNG Forum

The Forum is for LNG industry leaders, who want to keep up to date with Small-Scale LNG latest trends and many other topics!

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >