Gunvor emerges as winner in Pakistan LNG cargo tender

Image courtesy of Pakistan LNG

Trading company Gunvor has emerged as a winner in a tender to supply Pakistan with six liquefied natural gas (LNG) cargoes in July and August.

Gunvor submitted the most competitive offers for five of the cargoes sought by state-owned company Pakistan LNG while Vitol won one and Trafigura none, according to a commercial evaluation document.

Gunvor placed the best bids for deliveries on July 8-9, 19-20, 29-30, August 8-9 and 13-14 while Vitol secured the August 23-24 delivery slot, Pakistan LNG’s document shows.

All of the offers are oil-linked, expressed as a percentage of Brent in range of 15.9247 percent to 16.9247 percent, respectively.

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 officially award the cargoes on July 2.

 

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 >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

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 >