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Pakistan set to award LNG tender for the first time to Posco - sources

08/05/2020 | 02:56am EST
The logo of POSCO is seen at the company's headquarters in Seoul

Pakistan LNG is set to award an liquefied natural gas (LNG) import tender to Posco International Corp for the first time as the South Korean company has offered the lowest bid of 7.9673% slope to Brent for supplies on Sept 25-26, two sources said.

Socar Trading has submitted the lowest bid for a Sept. 12-13 LNG import tender with prices at about 6.9511% slope, sources familiar with the matter told Reuters.

(Reporting by Gibran Naiyyar Peshimam in Islamabad, Jessica Jaganathan in Singapore; Editing by Kim Coghill)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 1.33% 56.14 Delayed Quote.8.43%
POSCO -3.66% 250000 End-of-day quote.-8.09%
POSCO INTERNATIONAL CORPORATION -0.93% 16050 End-of-day quote.10.31%
WTI 1.67% 53.17 Delayed Quote.9.49%
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