Report: Gunvor sole runner for PSO’s LNG supply tender

Gunvor sole runner for PSO's LNG supply tender

After receiving eight bids for its first LNG supply tender, Pakistan State Oil reportedly decided to disqualify all bidders except for Gunvor. 

PSO spokesman told Platts that the company cut several bidders from the running due to not complying with the technical criteria, adding that even with one bid remaining the company can award the tender.

The company initially sought four 143,000 cbm cargoes to be delivered from July to October to Excelerate Energy’s FSRU Exquisite in the Port Qasim.

However, Gunvor has only opted for the delivery of 3 LNG cargoes, excluding the shipment in July.

The tender was issued as the deliveries from Qatar, that were scheduled to start in May, have run late as dredging works need to be carried out around the terminal in order to be able to accommodate Qatargas LNG carriers. Qatargas has already delivered the commissioning cargo and made further four deliveries on a Free-on-Board basis.

LNG World News Staff; Image: Qatargas

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

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

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

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 >