- Bangladesh has become Asia’s most active spot LNG buyer as domestic gas output falls and demand rises.
- Long-term deals with Qatar and Oman cover only part of the gap, so spot imports have surged.
- Reliance on spot LNG is creating financial and energy-security risks.
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.
Petrobangla 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 pot...
Petrobangla 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 pot...
