SINGAPORE : Pakistan has issued two tenders seeking spot liquefied natural gas (LNG) cargoes for the first time in nearly a year on Tuesday, while also announcing a deal that will see Azerbaijan provide the country with one LNG cargo per month. Dependent on gas for power generation and running short of fo
SINGAPORE : Pakistan has issued two tenders seeking spot liquefied natural gas cargoes for the first time in nearly a year on Tuesday, while also announcing a deal that will see Azerbaijan provide the country with one LNG cargo per month.
But Asian spot LNG prices this year have eased from record highs of $70/mmBtu hit in August, and are now trading below $10. The delivery windows are Oct. 5-6, 20-21 and 31, and Dec. 7-8, 13-14 and 24-25. The tender will close on June 20.
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