Bangladesh to import LNG from Qatar

Wednesday, April 21, 2010

DHAKA (Bangladesh): A high-powered Bangladesh delegation will soon visit Qatar to discuss the possibility of importing LNG (liquefied  natural gas) from the Gulf country.
This was decided at a meeting at the Power, Energy and Mineral Resources Ministry in Dhaka on Monday with its State Minister Enamul Haque in the chair. Prime Minister’s Advisor Dr. Towfiq-e-Elahi Chowdhury was also present.
The decision came in the backdrop of the government’s desperate move to resolve the nagging gas crisis through import.
At present, Bangladesh has been experiencing a shortfall of about 500 million cubic feet of gas per day (MMCFD) against its demand of 2,400 MMCFD. The shortfall in gas supply severely hit the power generation as well as industrial production.
Qatar has been one of the top LNG exporting countries in the Gulf region from which India and some other countries are now meeting their gas demand, a senior official, who attended the meeting, told newsmen in Dhaka.
That’s why Qatar will be our first preference as source of LNG import. Our delegation would first ensure the availability at cheaper price with suitable terms and conditions, he said.
The official said the meeting also discussed the setting up of a LNG terminal at the Bay of Bengal in Bangladesh territory under private sponsorship.
The meeting also discussed the installation of a 90-kilometer pipeline to transmit gas from the terminal to a secure point in southeastern port city of Chittagong to feed the national gas grid.  
As per decision of the meeting, the state-owned Gas Transmission Company of Bangladesh (GTCL) will initiate move for land acquisition to install the proposed gas pipeline.

Source: http://www.pakistantimes.net/pt/detail.php?newsId=10482

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