BANGLADESH INVESTS IN LNG IMPORT PROCESSING AS NATIONAL GAS OUTPUT PEAKS
April 1st, 2017
Facing a decline in its natural gas production, Bangladesh is diversifying supplies by building its first liquefied natural gas (LNG) terminal—a floating storage and re-gasification unit (FSRU) on southeastern Moheshkhali Island, near Chittagong. The project is being guided by US-based LNG regasification specialist Excelerate Energy, with the facility designed to handle up to 700mcfd (million cubic feet per day) from next year (2018).
India's Petronet LNG Ltd and Reliance Power Ltd have also agreed to set up LNG re-gasification terminals in Bangladesh - on ...
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