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The most expensive LNG cargoes? Incompetence cost this nation $40m. 4 cargoes . American viceroy government first gift.

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Aah.....the damned short term memory problem

Pakistan accepts the costliest ever LNG Cargo

It's 4 cargoes I am talking about . The overall spot cost on average is higher not to mention the spot rates were much higher at that time.

Pakistan got the best LNG rates as well for other cargoes less than Bangladesh and India in the same time frame as well.

😂
 
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Is JKM applicable for Pakistan's purchase of gas ?

Spot LNG purchases.

Long term purchases are dictated by Brent slope.

PTI signed the cheapest ever long term contact in the world. Their spot purchases were also spot on to get the best deal ( meticulous timing keeping in view our inherent limitations)

It's all about the timing.

If we waited for a couple of days we could have saved millions of dollars ( this is where the current imported government is extremely incompetent as they have no analytical analysis).

The spot LNG they bought will cost upwards of 30Rs just in fuel cost let alone the inherent cost of production.
Massive burden will be transfered to public in terms of FCA ( Fuel cost adjustment in coming months) highest in history.

 
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Spot LNG purchases.

Long term purchases are dictated by Brent slope.

PTI signed the cheapest ever long term contact in the world. Their spot purchases were also spot on to get the best deal ( meticulous timing keeping in view our inherent limitations)

It's all about the timing.

If we waited for a couple of days we could have saved millions of dollars ( this is where the current imported government is extremely incompetent as they have no analytical analysis).

The spot LNG they bought will cost upwards of 30Rs just in fuel cost let alone the inherent cost of production.
Massive burden will be transfered to public in terms of FCA ( Fuel cost adjustment in coming months) highest in history.

It’s no use trying to explain things which involve numbers or models to those that support the PDM- they are not willing to get out of Bughze Imran mode.
 
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Spot LNG purchases.

Long term purchases are dictated by Brent slope.

PTI signed the cheapest ever long term contact in the world. Their spot purchases were also spot on to get the best deal ( meticulous timing keeping in view our inherent limitations)

It's all about the timing.

If we waited for a couple of days we could have saved millions of dollars ( this is where the current imported government is extremely incompetent as they have no analytical analysis).

The spot LNG they bought will cost upwards of 30Rs just in fuel cost let alone the inherent cost of production.
Massive burden will be transfered to public in terms of FCA ( Fuel cost adjustment in coming months) highest in history.


This could very well involve some commission. These guys are very experienced at that. Imran should hammer them with this. Not even one month and already started.
 
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Man, that LNG is really expensive

But maybe the price also include transport fee
 
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What was the spot price when they bought at 30.65?

JKM in USD/mmBtu
1650995118659.png


TTF in EUR/MWh
1650995070641.png
 
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people on Wall Street have lost their shirts trying to predict commodity prices
 
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,..,...,.
The IMF has demanded immediate hike in interest rates on petrol, diesel and electricity from the Shahbaz Bilawal government. It is time for Bilawal Bhutto to fulfill his repeated promises to the nation. IMF negotiations IMF Pakistan maintained relations..

 
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Well to be fair, no one can predict what the price is going to be next week, so I won't put this in the stupid mistakes of PDM basket just yet.
 
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