Pakistan has purchased a liquefied natural gas shipment for January delivery to address fuel deficit this winter, Bloomberg has reported. Pakistan LNG Limited (PLL) has awarded tender to Oman’s OQ Trading for a spot LNG cargo to be delivered in January. State-run PLL has secured the shipment at a price premium to the spot market due in part to Pakistan’s credit risk, sources said.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Ukraine not to curb 2023-2024 wheat exports: Govt

An agriculture ministry official stated that Ukraine saw no need to limit…

Suez Canal traffic disrupted after oil tanker engine breaks down

An oil tanker caused a temporary disruption of traffic in Egypt’s Suez…

North Korea-China border closure to end soon

Beijing/Seoul: On Jan 16, Chinese dealers said that they anticipate the resumption…