Twelve companies express interest in Bangladesh LNG project

Bangladesh, illustration; Image courtesy of Pixabay

Twelve companies have expressed interest in building Bangladesh’s first onshore liquefied natural gas (LNG) import terminal.

The LNG project in Bangladesh is on a 20-year build-own-operate basis. Ownership will then be transferred to the Bangladeshi government or a company nominated by the government at no cost.

A committee is expected to evaluate the proposals before shortlisting a few and it could take more than a year to complete and award the contract for the terminal.

The expression of interest is for the design, EPC, and the commissioning of an onshore terminal that can handle 7.5 million tonnes a year of LNG, including receiving, unloading, storage, and regasification.

A joint venture of Qatar Petroleum and ExxonMobil is one of the 12 companies that expressed interest in building the LNG import terminal.

According to a document by the Rupantarita Prakritik Gas Co. (RPGCL), a unit of the Bangladesh Mineral Oil & Gas Corporation, the companies that submitted formal expressions of interest are units of Shell, Total, and Samsung.

Other companies on the list are Mitsui, Petronet, Poly-GCL Petroleum. Also, four other joint ventures expressed their interest. One of them is a JV between Marubeni Corp and Osaka Gas while the other are JVs between Sumitomo and Chugoko Electric; United Enterprises, Posco, and KOGAS as well as a JV between Summit, Mitsubishi, and JERA.

The final company to express interest was the Japan Investment Corporation.

Share this article

Follow LNG World News


<< Sep 2019 >>
26 27 28 29 30 31 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 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >