Dhaka, Sunday, December 16, 2018 01:48 AM   
     
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
LATEST >
বাংলা সংস্করণ
   
Bangladesh to hold talks with ENOC for LPG terminal

Bangladesh will hold talks with Dubai-based Emirates National Oil Company (ENOC) to set up an liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said on Tuesday.

“ENOC has sent us a proposal for a joint venture project to build an LPG terminal,” said Sayed Mohammad Mozammel Haque, a director of state-owned Bangladesh Petroleum Corporation.

“We have invited them for detailed discussions in our office in Dhaka. They are supposed to come on October 11,” he told Reuters, adding the capacity for the terminal and all other details will be discussed during the meeting.

Bangladesh currently imports LPG mostly from Oman and Qatar, Haque said.

Transport costs for LPG are now about $100 per tonne but once the terminal is built that cost could fall to $30 as it will allow big ships to anchor, which would translate into a 10 percent lower price for end-users, he said.

The LPG terminal could be built at Matarbari on Moheshkhali Island in the Bay of Bengal, where the country’s first deep-sea port will be built here, the official said.

The government is encouraging the use of LPG for households to cope with a shortfall in supplies of natural gas.

LPG, a mixture of propane and butane, can be used for cooking and transport, as well as in the petrochemical industry.

Bangladesh’s demand for LPG now stands at 1 million tonnes against a supply of 600,000 tonnes, the official said, adding the demand could go up to 2 million tonnes by 2022 as it will be a key source for cooking gas in Bangladeshi households.

The south Asian country has also turned to liquefied natural gas to offset falling domestic gas output to feed industrial demand and electricity generation in the nation of 160 million people.

Print PDF

   You may also like

Category: LPG
Use of LPG grows over 21pc since 2009

Category: LPG
Grand opening of LAUGFS cylinder requalification plant

Category: LPG
South Asia LPG Summit to be held on March 3-4

Category: LPG
Bangladesh, ENOC agree to feasibility study for LPG terminal

Category: LPG
LAUGFS Gas Bangladesh opened the largest LPG depot at Jhenaidah

Category: LPG
‘LPG users being brought under insurance’

Category: LPG
‘Petromax LPG enters the LPG Market’

Category: LPG
LPG price to be fixed with stakeholders: Nasrul

Category: LPG
Beximco purchases first LPG carrier in Bangladesh
     
    RECENT STORIES   MOST READ
    FOLLOW US ON FACEBOOK
    Recent LPG Stories
Use of LPG grows over 21pc since 2009
Grand opening of LAUGFS cylinder requalification plant
South Asia LPG Summit to be held on March 3-4
Bangladesh, ENOC agree to feasibility study for LPG terminal
LAUGFS Gas Bangladesh opened the largest LPG depot at Jhenaidah
‘LPG users being brought under insurance’
‘Petromax LPG enters the LPG Market’
LPG price to be fixed with stakeholders: Nasrul
Beximco purchases first LPG carrier in Bangladesh
LAUGFS Gas won the most promising LPG company in South Asia award


Explore the energynewsbd.com
Home
Energy World
Opinion
Environment
Others
Energy BD
Green Energy
Interview
Business
Archive
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy

   Editor & Publisher: Aminur Rahman
   Copyright @ 2015-2018 energynewsbd.com
   All Rights Reserved | Developed By: Jadukor IT