Pakistan accepts costliest-ever LNG cargo amid gas crisis

ISLAMABAD: Pakistan on Saturday accepted an LNG cargo at the highest-ever price of $30.6 per Million British Thermal Units (mmbtu) from Qatar Petroleum on the grounds of averting a possible gas crisis in the upcoming peak winter month. The Pakistan LNG Limited (PLL) had floated emergency bids for two cargoes to be supplied in November, as the firms involved, Gunvor and ENI, had defaulted on … Continue reading Pakistan accepts costliest-ever LNG cargo amid gas crisis