Vitol and Total place lowest offers for Pakistan LNG tender
Vitol Bahrain and Total Gas & Power placed the lowest offers for a tender by Pakistan LNG to buy seven LNG cargoes for delivery in October and November, a document posted on the company website showed.
Three companies participated in the tender, including PetroChina International, according to the document.
The cargoes are for delivery over Oct. 7-8, Oct. 17-18, Oct. 22-23, Oct. 27-28, Nov. 11-12, Nov. 16-17 and Nov. 26-27.
Vitol placed the lowest offer for five of the cargoes and Total for the other two. The prices ranged from $17.1449 per million British thermal units (mmBtu) to $22.5866 per mmBtu, according to the document.
The tender closed on Aug. 24 but remains valid until Sept. 8.
(Reporting by Jessica Jaganathan; Editing by Krishna Chandra Eluri)
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