Bangladesh NEWS

Director of state-owned Bangladesh Petroleum Corporation informed that they had talks with Dubai-based Emirates National Oil Company (ENOC) delegation. Both the parties have agreed on a feasibility study for a joint venture project to build an LNG terminal in Bangladesh. At present, Bangladesh imports LNG from Qatar and Oman. The Director also said that “After the study, we will finalise the capacity for the terminal and other related things,”

India and Bangladesh yesterday jointly unveiled a pipeline project for widening the connectivity network in the region. The projects include the India-Bangladesh Friendship Pipeline and the Dhaka-Tongi-Joydebpur railway project. The unveiling came after the Bangladesh cabinet approved access of Chittagong port by NE states of India. The pipeline will transport high speed diesel to Bangladesh, currently being supplied through cross-border train from Numaligarh refinery.

A senior Petrobangla official has confirmed the docking of the Excelerate Energy-owned FSRU vessel, Excellence at the facility in Bangladesh. Excellence carries 136,000 cubic meters of Qatar lean LNG. Technical issues and rough seas had stranded the vessel for more than three months. LNG injection into the pipeline network for consumption will begin from August 11. With this, Bangladesh will be enlisted with LNG importing countries in the world.

India's biggest LNG importer, Petronet LNG Ltd has submitted a proposal to the Bangladesh government, with techno-economic details, for the installation of an LNG import facility in the country. The investment in the project has been projected to be $1 billion. Gas demand in Bangladesh has been estimated to more than double to 45 million tonnes in the coming 20 years.

India has proposed to build a pipeline from it’s east coast to deliver oil products to Myanmar. Zaw Aung, DG of the Ministry of Electricity and Energy’s oil and gas planning department said, “We have already connected (oil and gas) pipelines to China and Thailand, and we considered connecting (oil) pipelines to India as well as Bangladesh. This is under consideration to share petroleum products,” at the OTC Asia Conference.