Bangladesh government to set up two land-based LNG terminals

The Bangladesh government is set to establish two land-based liquefied natural gas terminals alongside the floating terminal.

The sites being considered for the land-based LNG terminals are in Kutubdia, Moheshkhali, Payra and two other places.

Each of the two land-based terminals will supply 1,000 million cubic feet (MMCFD) of gas every day, according to an official of the energy ministry.

A Japanese firm, Tokyo Gas Engineering Solution Corporation, will be appointed to conduct the feasibility study on the sites at a cost of Tk 58 crore.

Bangladesh is looking outside to alleviate its energy shortage largely caused by depletion of domestic reserves and rising demand. Gas supply stands at about 2,700 MMCFD per day against the demand for 3,300 MMCFD.

The shortage of gas has affected power generation. The government aims to set up four land-based LNG terminals and one or two floating storage and re-gasification units.