Home Gallery
Oil Drops Friday But Up On The Week | Oil Markets Remain Volatile | Ithaca Energy CEO Passes Away | Oil Set for Fourth Weekly Gain | Oil Clears Early Losses as Dollar and Expirations Impact Trading | Chevron CEO Warns of High Energy Prices | Oil Surged Higher Wednesday | TRC Makes It a Little Harder for Wells to Flare Gas | Oil Up as API Report Shows Inventory Slump | Oil Steady In Wake of Hurricane Nicholas | World Must Wait for Extra Oil | Storms Set to Worsen Global Ship Snarls | Texas May Face Another Hurricane Soon | Tesla Loving Norway Picks Pro Oil Labor | Oil Finishes on a Six Week High | Venezuela Heavy Oil Project Reserves Will be Left Stranded | OPEC Sees Stronger Crude Demand | USA Rig Count Almost Doubles | Oil Jumps as USA Supply Limps Back | Expert Gives Hurricane Affected Asset Warning Advertise with us
LNG Worldwide
Members Login
User name    
Forgot Password?  | 
Latest issue of The LNG Markets
Highlights of Issue :

A global rebound from Covid-19 combined with extraordinary demand for winter LNG cargoes, lowest EU gas storage level in five years and gas supply trouble in the US- first due to hurricane Ida and now hurricane Nicholas has pushed natural gas and LNG prices to its record high level.
Early in September, Hurricane Ida disrupted sizable feed gas supply in the US and now on Sep 14 hurricane Nicholas knocked out Freeport LNG liquefaction facility on the Texas Gulf Coast.

Kamlesh Trivedi



Trade Overview
Steep rise in winter prices feared by Asian European importers

Bangladesh government approves eight consortium of companies for 7.5mil mt/year land based LNG terminal

Bangladesh government has approved the list of eight developers for 7.5mil mt/year on land LNG receiving terminal at Matabari in Cox Bazar area.

The list included following eight consortium of companies. 1. Total Gas and Power Business Services and Total Gas Electricite Holdings France, 2. Japan Investment Corporation, Kyushu Electric Power Co. Inc. and Unique Hotel & Resorts Ltd. 3. Petronet LNG from India. 4. Qatar Petroleum LNG Services Ltd and ExxonMobil LNG Market Developments Inc. 5. Mitsui & Co. Ltd. 6. Consortium of Summit Corporation Ltd, Mitsubishi Corporation and Jera Co. Inc. 7. Consortium of United Enterprises & Co. Ltd. Posco International Corp. and Korea Gas Corp (KOGAS)  8. Consortium of Sumitomo Corporation and Chugoko Electric Power Co. Inc.    

Rupantarita Prakritik Gas Company Ltd (RPGCL), a group company of Petrobangla, the state-owned petroleum company of Bangladesh, had invited Expression of Interest (EOI) in January 2019 for the above mentioned land-based LNG terminal. The terminal has been offered on Build Own Operated Transfer (BOOT) basis for 20 years to a successful bidder by the Bangladesh government.

Bangladesh currently has two floating storage ragasification unit (FSRU) based LNG receiving terminals which helps Bangladesh importing LNG. Bangladesh commissioned its second FSRU based 3.75mil mt/year capacity terminal in Jan 2019, promoted by Summit Group. The first FSRU was commissioned by Excelerate Energy and was commissioned in Aug 2018. Both the FSRUs are located at Moheshkhali Island in Cox Bazar area of Bangladesh.

Copyrights © 2020 LNG World wide. All Rights Reserved
Home | Sitemap | Contact Us