Pakistan LNG Limited receives lowest bids for December LNG deliveries
KARACHI: Pakistan LNG Limited (PLL) has received offers between 15.88-16.99 percent of Brent for its 6-cargo tender for December delivery. For a $37.46/bbl Brent price, that’s $5.95-6.36/MMbtu of LNG. Astute observers may point out that this is lower than northeast…