5 spot LNG cargoes will be imported in Bangladesh by June.

Staff Correspondent: Bangladesh will import five spot liquefied natural gas (LNG) cargoes in June similar to those in May to meet the mounting natural gas demand in the current summer.

State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) already floated tenders last week to purchase three spot LNG cargoes for June deliveries, a senior RPGCL official told the FE on Monday.

Bid winning LNG suppliers will deliver the spot LNG cargoes during June 7-8, June 11-12 and May 18-19 delivery windows, he said.

The RPGCL will float tenders to purchase two more spot LNG cargoes in June.

Apart from five three spot LNG cargoes, Bangladesh has planned to import half a dozen LNG cargoes from two long term suppliers – Qatar Energy and OQ Trading- in June to meet the demand of natural gas.

The RPGCL, a wholly owned subsidiary of state-run Petrobangla, looks after LNG trading in Bangladesh.

All the five spot LNG cargoes will be supplied on Moheshkhali Island, with option to discharge the cargos at either of the country’s two floating storage re-gasification units (FSRUs), said the official.

The volume of LNG in each of the cargoes will be around 3.36 million British Thermal units (MMBtu).

The government has a plan to import 34 LNG cargoes from spot market during 2024 compared to the last year’s 23, said a senior Petrobangla official.

Of the total spot LNG cargoes, 23 are to be imported by June and 11 more during the July-December period.



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