Home Business Petrochina gives Pakistan the lowest bids for two June LNG spots

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.