State-owned Pakistan LNG (PLL) has launched two tenders to feed the country's second LNG import terminal, one for five years and the other for 15 years. Both are for 700,000 tons per year, with cargoes to be delivered at the rate of one a month. But the tenders, issued on Oct. 31, will meet less than a third of the new terminal's capacity, and the results are expected to set the stage for even fiercer competition to supply the rest. Pakistan's new floating storage and regasification unit (FSRU) is expected to be commissioned by the end of June next year, with deliveries slated to start the following month. Moored alongside the first FSRU in Port Qasim, near Karachi on the Arabian Sea, the second unit will have maximum throughput capacity of 750 million cubic feet per day (5.5 million tons per year of LNG) and is contracted to deliver 600 MMcf/d (4.4 million tons/yr). The tenders, which seek wholly oil-indexed bids, close on Dec. 20. The first inkling of results should come on Jan. 17, when the bid evaluation report is due to be released, with formal award notification on Jan. 31.
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