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Bangladesh - 4 weeks ago

Eight firms shortlisted for building LNG Terminal

Staff Correspondent: The demand for liquefied natural gas (LNG) as fuel is increasing day by day in the country. But it is not possible to supply it from the country’s gas fields.
In this situation, the government has taken an initiative to meet the demand for fuel by importing LNG. As part of the initiative, a liquefied natural gas (LNG) terminal will be constructed at Matarbari in Cox’s Bazar.
According to sources, the Energy and Mineral Resources Division of the government has made a shortlist of eight entities to award the contract for building the LNG terminal. From that list, a company will be approved to build the LNG terminal.
The government took the initiative to build an offshore LNG terminal in 2019. As part of the plan, an LNG terminal with a capacity of 1,000 million cubic feet per day was approved in the Matarbari area of Cox’s Bazar.
An official of the of Energy and Mineral Resources Division claiming anonymity said 15 companies had proposed to build Matarbari LNG terminal. After scrutinizing the proposals of the companies, a short list of eight companies has been completed.
The entities are: Total Gas and Power Business Services, France/Total Gas Electric Holdings, France, a consortium of Japan Investment Corporation for Matarbari Re-gas Terminal, Kyushu Electric Power Co Inc and Unique Hotel and Resort Limited, Petronet LNG Limited of India, Qatar Petroleum LNG and ExonMobile LNG Market Developments Inc,
Mitsubishi & Co Ltd, a consortium of Summit Corporation, Mitsubishi Corporation and Jera Co Inc of Bangladesh, a consortium of United Enterprise and Co Ltd, Posco International Corporation & Korea Gas Corporation, and a consortium and Sumitomo Corporation & the Chugoko Electric Power Co Inc, Japan.
The official said the shortlist had recently been sent to the Petrobangla chairman. According to the shortlist, a company will now be called upon to implement the project through discussions.

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