Pakistan LNG Limited (PLL) has approved a revised bid of $18.4 per MMBtu from TotalEnergies for LNG delivery between April 27 and 30, rejecting all other bids. This decision comes amid a pressing energy crisis exacerbated by the closure of the Strait of Hormuz, which has disrupted LNG supplies from Qatar, forcing Pakistan to seek urgent spot purchases. The country has faced severe electricity shortages, with demand exceeding supply by over 4,500 MW, leading to extended power outages. The situation has compelled PLL to issue tenders for three LNG cargoes to mitigate the crisis.
BUSINESSPublished 19 Apr 2026 • Published 5 days ago • Updated 2h ago
Pakistan LNG Limited Approves TotalEnergies Bid Amid Energy Crisis
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On April 25, 2026, Pakistan LNG Limited confirmed a revised LNG deal with TotalEnergies at $18.4 per MMBtu, following negotiations. This marks the first spot market acquisition in over two years, driven by supply disruptions from Qatar due to geopolitical tensions.
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