Petrochina gives Pakistan the lowest bids for two June LNG spots

According to an industry source, Petrochina submitted the lowest bids in response to a Pakistan LNG Limited (PLL) procurement seeking two spot cargoes of liquefied natural gas (LNG) for delivery in June.

Petrochina offered prices of $23.96/mmbtu for a delivery on June 1-2 and $22.49/mmbtu for a delivery on June 28-29.

PLL had advertised the two cargoes in a tender late last month.