Petrochina on Wednesday offered the lowest bids in reply to a Pakistan LNG Limited (PLL) tender seeking two spot cargoes of liquefied natural gas (LNG) for delivery in June, an industry source said.
Petrochina offered rates of $23.96/mmbtu for a June 1-2 delivery and $22.49/mmbtu for a June 28-29 delivery.
PLL had sought the two cargoes in a tender advertised late last month.
Source: Reuters (Reporting by Gibran Peshimam; editing by Jason Neely)