Friday, 02 June 2023 07:21

Bangladesh deal

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June 2 (LNGJ) - QatarEnergy has entered into a long-term LNG Sale and Purchase Agreement with Bangladesh Oil, Gas and Mineral Corp. (PetroBangla) to supply about 1.8 million tonnes per annum of cargoes to Bangladesh for 15 years starting in 2026.

   The SPA signing at QatarEnergy’s Headquarters in Doha was attended by Saad Sherida Al-Kaabi, the President and Chief Executive of QatarEnergy, and Nasrul Hamid, the state minister for Power, Energy and Mineral Resources in Bangladesh. “These supply arrangements reinforce our unwavering dedication to safeguarding the energy security of valued customers like Bangladesh and delivering the reliable energy they require for socio-economic development and prosperity,” said Al-Kaabi who is also Qatar’s Minister of State for Energy Affairs.

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Malaysia and Bangladesh have signed an accord to move towards the Bangladeshis becoming importers of Malaysian liquefied natural gas as other regasification facilities are considered in addition to the floating terminals already operating in the Bay of Bengal.

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