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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
LNG terminal first for Bangladesh
Facing a decline in its natural gas production, Bangladesh is diversifying supplies by building its first LNG terminal—a floating storage and re-gasification unit (FSRU) on south-eastern Moheshkhali Island, near Chittagong, writes A Z M Ana in
Dhaka. The project is being guided by US-based Excelerate Energy, with the facility designed to handle up to
700mn cf/d from 2018.
India’s Petronet LNG and Reliance Power have also agreed to set up LNG re-gasification terminals in Bangladesh – on Kutubdia Island of Cox’s Bazar district.
Meanwhile, earlier this year Bangladesh’s Summit Group signed a deal with state-run Petrobangla to build another FSRU, at Moheshkhali Island, with around 500mn cf/d capacity. In addition, the government aims to set up four land-based LNG terminals.
Bangladesh needs more gas, with an estimated daily shortfall of supply compared to demand now reaching 600mn cf. Experts forecast that the country’s gas production has already peaked at 2,700mn cf/d, with output projected to start falling after 2018.
The government aims to import around 3,000mn cf/d of LNG by 2030, mostly from Qatar.
