Bangladesh to pick pool of LNG suppliers thru’ int’l tender

Dhaka,  Tue,  27 June 2017
Published : 19 Jun 2017, 17:58:32
printer

Bangladesh to pick pool of LNG suppliers thru’ int’l tender

Bangladesh to pick pool of LNG suppliers thru’ int’l tender
Bangladesh has issued an international tender seeking expression of interest by July 30 to supply LNG on a spot basis, an official of state-run Petrobangla said Monday. 

"We plan to pick a pool of 10-12 LNG suppliers who would be interested in supplying LNG to us on a spot basis in response to our requests," he said, said a report by Platts. 

The tender is in line with the Bangladesh government's policy of importing LNG via both long-term contracts and spot deals to achieve competitive prices, the country's State Minister for the Ministry of Power, Energy and Mineral Resources, Nasrul Hamid, said last week.

The short listed spot suppliers will be asked to submit quotes for supplying LNG from time to time, when Petrobangla deemed it necessary, official said. 

They will be asked supply lean LNG as per specifications on a delivery ex-ship basis to either floating and land-based storage and re-gasification units currently being set up, he added. 

To facilitate long-term imports, state-run Petrobangla signed a memorandum of understanding with Switzerland-based AOT Energy last Tuesday to supply LNG, with a sales and purchase agreement due to be signed by year end. 

 
ADDRESS
Editor : A.H.M Moazzem Hossain
Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.
Telephone : PABX : 9553550 (Hunting), 9513814, 7172017 and 7172012 Fax : 880-2-9567049
Email : editor@thefinancialexpress-bd.com, fexpress68@gmail.com
Copyright © 2017. All rights reserved
Powered by : orangebdlogo
close