Pakistan Rushes to Secure LNG as Summer Power Demand Surges

Pakistan has issued a new tender for LNG, to the amount of 1 million tons, The Nation reported today, citing the seasonal increase in electricity demand as summer heat sets in. This is the fourth LNG tender for the spot market over the last two months as the country grapples with the fallout from the war in the Middle East. Not all of these tenders have resulted in delivery contracts as in some cases even the lowest bids were deemed too expensive for Pakistan LNG Limited, the state-owned operator. Pakistan has relied on Qatar's term LNG supply…