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Bangladesh extends deadline for LNG terminal construction bids

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LNG Industry,

According to Reuters, Bangladesh is set to extend the deadline for companies to submit expressions of interest (EOI) to build the country’s first onshore LNG regasification terminal by three months.

According to two sources with knowledge of the matter, the EOIs were originally supposed to be sent by 20 March, but companies participating have reportedly asked for more time. Rupantarita Prakritik Gas Co. – a part of Petrobangla (state-owned energy company) that oversees LNG supplies – initially published its request for EOIs on 3 January this year.

The terminal will be built at Matarbari in the Cox’s Bazar district of southern Bangladesh.

Reuters reports that the EOIs cover the design, engineering, procurement, construction and commissioning of a 7.5 million tpy regasification terminal, which will be capable of being expanded to a 15 million tpy facility in future. The facility will also include receiving, unloading, storage and regasification facilities. It is expected to be constructed on a build-own-operate basis for a period of 20 years, with ownership then transferred to either the Bangladeshi government, or to a company selected by the government at no cost.

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