A major LNG crisis is expected in the country in January

A major LNG crisis is expected in the country in January

A major LNG crisis is expected in the country in January

The severe winter of January has raised fears of a major LNG crisis in the country.

According to sources, the purchase of LNG from the international market has become a test for Pakistan, emergency tenders have been issued for three cargoes and companies have increased the price of LNG while the bid for 2 cargoes is the current crude oil Brent. The price is 39.62.

Sources said that Pakistan LNG Limited, a company of Petroleum Division, had issued emergency tenders on Friday for procurement of three LNG cargoes from January 8 to 18, while earlier, emergency tenders for supply of these LNG cargoes had been issued from January 8 to 9. Issued for delivery from January 12 to 13 and January 17 to 18.

Earlier, no bid was received for these LNG cargoes.

According to sources, DXT has bid ڈالر 15.28 per MMBTU and Triguevara has bid 19 19.80 per MMBTU for LNG supply from January 8 to 9.

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