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Petrobangla Commences Bid for Onshore LNG Terminal
= Inviting EOI for 7.5-mtpa terminal =
Bangladesh's state-run firm Petrobangla commenced a tender for construction of an onshore-based LNG import terminal. As strong demand for natural gas exceeds supply, the country is developing LNG facilities to meet the gap. A floating storage and regasification unit (FSRU)-based import terminal has already been launched, while the country plans to build a land-based terminal that has a longer operating life and enable stable gas supply.

As the first phase, it started, through its subsidiary Rupantarita Prakritik Gas Company, inviting Expression of Interest (EOI) on January 29th. The deadline is March 20th and then the process proceeds with "Ready for Proposal" phase.

The onshore import terminal is planned to be built in Matarbari, 90 kilometers south of Chittagong. The terminal with a receiving capacity of 7.5 mtpa is operated on a BOOT (Build, Own, Operate and Transfer) basis — operation and maintenance are commissioned for the first 20 years and then the terminal is transferred to the country.

This would be the third terminal in the country, and the first onshore-based one. US Excelerate Energy introduced an FSRU in 2018 to start the first LNG imports in the country, and Summit Corporation Limited is preparing the second FSRU, which is planned to commence operations this March.
last modified : Thu 07 Feb, 2019 [10:27]
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