No decision yet on LNG bids for September, says PSO
Pakistan State Oil (PSO) has issued an explanation regarding the purchase of expensive LNG, saying neither the PSO has cancelled any cargo deal nor it has taken any decision yet regarding bidding for September, reported 24NewsHD TV channel on Sunday.
The PSO officials said under the long-term agreement four cargoes were purchased and as per the spot buying two cargoes were acquired.
They said in total under the long-term accord 28 cargoes were purchased instead of 20. They bought the LNG keeping in view the country’s needs and market situation.
Reporter Awais Kiyani