Pakistan may have to extend rolling blackouts after it refused to pay three times the pre-war price for an LNG cargo, which was the only offer its latest emergency tender drew. The single cargo, offered by BP, was priced at $27 per million British thermal units, Bloomberg reported, citing unnamed trading sources. “The international LNG price is around $23.18 per MMBtu, whereas the bid received was $26.969 per MMBtu. The price was considered too high, so a fresh tender has been issued,” a senior Pakistan LNG Limited executive said, as…

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