Bulletin Updates

Subtle filters shape Petronet LNG pressure vessel bids – 25 Aug 2025

Aug 25, 2025

Petronet LNG’s PDH-PP project tender for carbon steel pressure vessels has waived EMD while enforcing a zero-deviation, fixed-price model.

The milestone payment plan defers liquidity until late, raising execution risk for smaller shops. Behind the refinery-style clauses lies a balance-sheet filter shaping who can compete.

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