LNG

Pakistan LNG Ltd reportedly accepted a lone bid from TotalEnergies on 20 July, at $21.88 per MMBtu for a cargo nominally delivering on 27 to 28 July. It was the seventh spot purchase since QatarEnergy declared force majeure on 4 March, and the fifth procured for a July delivery window. The four before it cleared successively higher, at $16.74, $17.37, $18.23 and $20.70, the last of which was already the most expensive spot cargo Pakistan had bought since 2022. Not all of the purchased cargoes had berthed at the time of writing, according to our data.

India’s Hindustan Petroleum Corp is calling on LNG producers and traders to register interest in supplying spot cargoes and term deliveries. The state-run refiner is understood to look for 1mtpa of LNG under contracts stretching 10-15 years.

State-owned Pakistan LNG Ltd has issued a spot tender seeking a (LNG) cargo for delivery in late July, as Islamabad takes precautions for a longer disruption of shipping through the Strait of Hormuz from its main supplier, Qatar. In addition, Pakistan prepares to buy up to six LNG cargoes in August.

ExxonMobil has invited bidders for marine warranty survey services for the first phase of its Rovuma LNG project in Mozambique, with expressions of interest due July 15 at 14:00 Maputo time.

CPC Corp, Taiwan’s state-run LNG buyer, has redirected spot and short-term tenders to US producers like Cheniere or Venture Global to offset suspended Qatari supplies. Customs data show monthly imports reached 2.07 million tonnes in April, up 4.34% year-on-year, with the upward trend continuing.

Pakistan LNG’s emergency tender for spot cargoes is closing today as the state-owned importer seeks urgent deliveries to help meet seasonal peak power demand more than 4,500 MW. Delivery windows for the cargoes are offered for May 12-14 and May 24-26.

Greek gas company DEPA has been awarded the tender for one LNG held by Bulgargaz. Delivery of the cargo will be to the Marmara Ereğlisi LNG terminal in Turkey.

Energía Argentina has awarded a spot LNG cargo to Spain’s Naturgy at tender, with the shipment due to arrive at the Escobar floating storage and regasification unit (FSRU) in the second week of May.

Pakistan LNG (PLL) has issued a spot LNG tender for the first time since late 2023, seeking three cargoes for delivery at Port Qasim. Bids close on April 24, 2026.

The New Zealand Government will launch the registration of interest (ROI) phase for LNG import facility services on October 6, in the face of fuel shortages due to rapidly declining domestic gas reserves. The actual tender will be managed separately.