Azerbaijan is among the countries that are interested in tenders for LNG supplies, Adnan Gilani, head of Pakistan LNG, a new state-owned company set up to manage procurement and supply of gas, informed.
Pakistan plans to issue two international tenders for 750,000 tons per year of liquefied natural gas each in the coming month, he said.
Firms from Australia, Malaysia, Russia, Qatar, the US and Azerbaijan are interested in the two tenders, according to Gilani.
“We had over half a dozen participants bidding in our last international tender and expect more than twice that number this time around”, Gilani said.
He also added that the specifics of the tenders were being finalized, but they would probably be a 5-year and a 15-year offer, as well as a possible spot purchase.
Gilani said that Pakistan would also negotiate separate government-to-government LNG deals. (Trend/Business World Magazine)