Petrobangla agrees new LNG terminal development

Petrobangla agrees new LNG terminal development
Image courtesy of Petrobangla

Bangladesh’s state-owned Petrobangla signed a term-sheet for LNG terminal use agreement with Hongkong Shanghai Manjala Power and Malaysia’s Global LNG and Petronas LNG to set up a terminal at Cox’s Bazar. 

Under the agreement, Hongkong Shanghai Manjala Power and Petronas LNG will set up a 500 mmscfd fixed jetty-based regasification unit and a floating storage unit (FSU).

Bangladesh currently has two terminals under development, one by Excelerate Energy and the other by Summit LNG to be located at Moheshkhali Island in the Bay of Bengal.

The terminal being developed by Excelerate is set to be commissioned by April 2018 and the Summit terminal by October 2018, respectively.

Both FSRUs have a 3.75 million tons of LNG per year capacity.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >

LNG Pricing, Trading & Hedging London

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >