“Technical bids for our long-term LNG supply tender were received and opened yesterday. Evaluations are under way,” Pakistan LNG said in emailed comments to Reuters. The tender is keenly watched due to its size and because Pakistan is expected to publish the lowest prices offered by the companies. Commercial offers are expected to be opened on August 2, one of the sources said, which is when tender issuer Pakistan LNG is likely to announce the prices. Pakistan LNG issued the tender in early June to import 240 LNG cargoes of 140,000 cubic metres each for delivery over a 10-year period for the country’s second LNG terminal.

Source: The Express Tribune July 19, 2019 14:03 UTC