Govt plans to build 2 additional land-based LNG terminals

The Bangladesh Government is planning to develop two additional land-based liquefied natural gas (LNG) terminals at Moheshkhali in Cox’s Bazar and Paira Seaport area.

Bangladesh Energy and Mineral Resources Division (EMRD) expects the project to be implemented by the state-owned oil company Petrobangla, reported an English Daily.

Govt-logo-bangladeshPetrobangla is believed to have been directed by the government to select a consultant and to float an expression of interest to develop the LNG projects, which would address potential energy crisis future due to supply shortage.

EMRD secretary Abu Bakar Siddique said: “There are 6,000 acres of land at Paira Seaport area. We have sought 200 acre of land out of the total 6,000 acre.”

The decision to build additional LNG terminals comes on heels of the plan earlier announced by the Power Division under the Ministry of Power, Energy and Mineral Resources to build the nation’s first land-based LNG terminal at Anwara in Chittagong or Moheskhali in Cox’s Bazar.

As part of this effort, Power Division has already approved Power Cell to select three short-listed international firms and award contract to build the terminal. Power Cell was the created by the government under Power Division.

Bangladesh is yet to construct its first floating storage and re-gasification unit.

Demand for natural gas in Bangladesh currently stands at 3,200 million cubic feet per day (mmcfd) but the country is producing about 2,745mmcfd.