Gunvor, B.B. Energy place lowest bids in Pakistan LNG tender

Image courtesy of Pakistan LNG Terminals

Trading companies Gunvor and B.B. Energy submitted the lowest bids in a tender to supply Pakistan with three liquefied natural gas (LNG) cargoes in April.

The state-owned Pakistan LNG launched the tender in January with three delivery windows across April.

Four companies took part in the tender including Gunvor, B.B. Energy, Trafigura and Vitol, Pakistan LNG’s commercial evaluation report dated February 8 shows.

Swiss-based trader Gunvor submitted the most competitive bid for the April 7-8 delivery window at 12.4223 percent of Brent.

B.B. Energy placed the lowest offers for cargoes to be delivered over April 17 -18 at 11.7323 percent of Brent and April 27-28 at 11.3014 percent of Brent.

The cargoes will be delivered on a DES basis to the Port Qasim, where two Pakistan’s LNG receiving facilities are located.

Pakistan LNG expects to award the cargoes on February 19.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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 30 31

6th Mozambique Gas Summit & Exhibition

The CWC Group and ENH would like to thank all attendees, speakers, sponsors and exhibitors…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >