Eni, PetroChina, Trading Houses Bid In $6Bn Pakistan LNG Tender

Italy’s Eni, a unit of PetroChina, and two commodity traders have bid in Pakistan’s huge tender for supply of liquefied natural gas (LNG) for ten years estimated to be worth up to US$6 billion, Reuters reported on Friday, quoting two sources with knowledge of the matter. The tender issued by Pakistan LNG Limited is for a master sale and purchase agreement (MSPA) for a period of ten years, under which the seller will supply 240 cargoes of LNG to Pakistan, two each month. The deadline for submission of bids expired on Thursday and Pakistan…