ISLAMABAD -- Pakistan may shelve a tender for spot purchase
of 10 liquefied natural gas (LNG) cargoes at cheaper rates as a complex situation has emerged following refusal by power producers to lift the imported gas for electricity generation due to the economic merit order.
They added the government would have to ink long-term LNG agreements with the LNG producing countries to arrange load base of the commodity since the arrangement of spot purchase
The bank will thereafter complete a spot purchase
of the commodities, paying a broker by debiting the customer's account and thereafter confirming the transaction to the client with legal title of the commodities being transferred to the customer.
We've heard through the grapevine that there have a large number of pre-orders and that in all probability, the Mi3 won't be available for on the spot purchase
for some time.
With no beds available, staff raced to "spot purchase
Transition from Long Term Supply Agreements to spot purchase
The scheme complements the group's existing initiatives which are designed to sustain individual tenancies, deliver community-wide benefits, deliver support on a spot purchase
basis for relatively short periods of time and deliver support to whole families as well as to individuals.
"There was a spot purchase
but it will stop," Pouyanne said.
"The spot purchase
of oil derivatives stopped as companies refused to sell, because the Finance Ministry and the central bank could not pay the amount required," he said.
As a result, KPC resorted to spot purchase
tenders and Shell was one of the main winners by supplying Kuwait with LNG from as distant a source as Australia.
"I believe the recall has been prompted by a spot purchase
by trading standards."