Bidders’ Proposals Range 8-10% of Brent Crude: Tender by Pakistan LNG

摘要

Offers for an LNG supply tender being conducted by Pakistan LNG are ranging 8 to 10% of Brent Crude oil. Nine companies made bids for ten LNG cargoes to be delivered between October and December 2019, of which five companies including Gunvor offered the lowest prices and have been shortlisted. According to Pakistan LNG’s evaluation report released on 6th, Gunvor bid for all the ten cargoes — four October-arrival cargoes, two November-arrival cargoes, and four December-arrival cargoes — at 8.3919-10.8630% of Brent, and proposed the lowest price for six cargoes — two Oct-arrival cargoes, one Nov-arrival cargo, and three Decarrival cargoes.