Pakistan LNG Limited closed two tenders for LNG supply in January 2017. The first called for 60 cargoes to be delivered over five years. The second called for 180 cargoes delivered over 15 years. Both tenders specified deliveries beginning in July 2017. Trading house Gunvor won the five-year tender at 11.6247% Brent. Eni offered the lowest bid for the 15-year tender, but the final deal is still in negotiation and the eventual price could be below 12% Brent.