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2 clusters · 9 sources · 6 days · First seen · Last updated

Pakistan energy crisis and LNG procurement

Overview

Pakistan is facing a deepening energy crisis characterized by insufficient gas supplies for power generation, leading to prolonged electricity outages and load-shedding. In response, Pakistan LNG Limited (PLL) issued an emergency tender to procure a spot liquefied natural gas (LNG) cargo of approximately 140,000 cubic metres for delivery in early September 2026.

Following the initial procurement efforts, Pakistan Liquefied Natural Gas Limited (PLNGL) issued a third tender for a spot cargo after two previous attempts were reportedly cancelled or rejected due to high pricing. Recent procurement activities included a purchase at $21.88 per MMBtu, noted as the highest spot price to date, while a previous bid of $26.969 per MMBtu was rejected.

Entities

Pakistan LNG Limited · Pakistan GasPort Consortium Limited · Port Qasim · TotalEnergies · Pakistan Liquefied Natural Gas Limited

Timeline

  1. 6 days ago

    [BUSINESS] 2 sources
    Pakistan LNG issues third tender for spot cargo

    Pakistan LNG has issued a third tender for a spot LNG cargo after previous attempts were cancelled or rejected due to high prices. Bids are due by September 8 for a mid-September delivery.

  2. 11 days ago

    [BUSINESS] 7 sources
    Pakistan issues emergency LNG tender to address power crisis

    Pakistan LNG Limited has launched an emergency tender for 140,000 cubic metres of LNG to combat nationwide electricity outages caused by gas shortages.

Sources

arynews.tv · bolnews.com · energyupdate.com.pk · islamabadpost.com.pk · lngprime.com · oilprice.com · startuppakistan.com.pk · techx.pk · theneutral.pk