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Pakistan Secured Second LNG Spot Cargo For December

LNG

Pakistan has purchased a second LNG spot shipment on a DES basis for December delivery from Socar, according to traders with knowledge of the matter, cited by Bloomberg.

  • This was after Pakistan made its first spot LNG purchase in over a year from Vitol, also for December delivery.
  • Pakistan was seeking two LNG cargoes for December delivery in a tender that closed on Wednesday, in an attempt to avoid a fuel shortage this winter.

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