Bangladesh commences LNG imports
Bangladesh is one of two countries commencing
LNG imports this year, the other being Panama. Regasified cargo from Excelerate Energy’s Moheshkhali Floating LNG (MLNG) terminal began reaching customers in the Chittagong region for the first time on 18 August, at which point Bangladesh became the world’s 42nd LNG import nation.
Excelerate Energy is using its 138,000-m3, 2005-built FSRU excellence to bring LNG to Bangladesh. Petrobangla, the country’s oil and gas company, is acquiring the necessary LNG import volumes in the world market. So far, it has signed 15-year sale and purchase agreements with Qatar for 2.5 mta and with Oman for 1 mta.