Pakistan picks up four LNG spot cargoes for May-June

ISLAMABAD, April 21 (Reuters): Pakistan LNG Limited (PLL) on Thursday picked up four cargoes of liquefied natural gas for May/June delivery out of seven it was seeking via a tender where it received six bids, an industry source said and documents on PLL's website showed.

PLL, a public sector entity operating under the Pakistani government's Petroleum Division, invited urgent bids for a May 1-2 cargo delivery after a supplier cancelled on Wednesday. PLL had issued a separate tender for six deliveries in May and June earlier this month.

Pakistan is scrambling to secure LNG, which it mostly uses to generate electricity, with local power consumption increasing as summer approaches.