LNG

Petrobangla is scrambling for spot LNG after QatarEnergy extended its force majeure until July 16, although the Bangladeshi state company keeps negotiating to receive at least 80% of its contracted LNG cargoes from Qatar.

Bangladesh’s state-owned Rupantarita Prakritik Gas Company Ltd (RPGCL) has launched a series of tenders to buy two spot LNG cargoes for delivery on July 15-16 and July 17-18, a company official told local news. Each spot cargo is understood to carry about 3.36 mmBtu of LNG for delivery at Moheshkhali Island FSRU in the Bay of Bengal.