Pakistan, May 8 -- Pakistan has rejected the lowest international bids for liquefied natural gas (LNG) imports, signalling a shift in its procurement strategy amid expectations of cheaper supply from long-term agreements with Qatar.

Read More: Pakistan seeks two LNG cargoes for May

According to officials familiar with the development, Pakistan opted not to accept the most competitive offers received for two spot LNG cargoes, despite strong participation from global suppliers.

The decision was made even though the rejected bids were considered attractive in the current international market. Sources say the move reflects Islamabad's expectation that it can secure LNG at lower rates through existing or renewed long-term contracts with Qat...