Anisul Islam Noor :
The state-owned Bangladesh Petroleum Corporation (BPC) is seeking an international partner to form a joint venture for construction and operation of import-based LPG storage, bottling and distribution plant at Mongla in southern Bagerhat district, Energy Division official said.
The government plans to increase the import volume of annual Liquefied Petroleum Gas (LPG) to 120,000 tonnes from existing 20,000 metric tonnes to cater to the mounting demand of the fuel, said officials.
The LP Gas Ltd, a subsidiary of the state-owned Bangladesh Petroleum Corporation (BPC), has floated an international tender seeking expression of interests (EOIs) from interested firms for selecting a joint venture partner. The EOI submission deadline is February 16.
The demand for LPG in Bangladesh soared last year owing to its use as an auto fuel.
This trend is expected to gather more pace as the government has suspended fresh supply of piped natural gas to several types of consumers forcing them to turn to LPG.
The plant will have storage tanks of 8,000 mt capacity, 5,000 deadweight tonnage jetty, facility to fill up 2,880 domestic LPG cylinders per hour, large filling cylinders filling system etc, sources said.
The minimum annual production capacity of the plant should be 100,000 tonnes. The LP Gas Ltd would short-list interested firms and issue request for proposal (RfP) documents to submit final bid, sources said.
LPG consumption in 2015 stood at 200,000 tonnes, which rose to 300,000 tonnes in 2016 and is expected to increase further this year.
The government has adopted a strategy to popularise LPG consumption across the country instead of piped natural gas amid depleting gas reserves.
At present, the commercial sector consumes around 27 million cubic feet per day (mmcfd) of natural gas, which is around 1.0 per cent of the country’s overall gas output of around 2,700 mmcfd.
The Ministry of Power, Energy and Mineral Resources, however, estimated that the actual demand of LPG could be around 500,000 tonnes with consumers using kerosene and wood as alternatives to LPG due to lack of availability.
The LP Gas Ltd produces 20,000 tonnes of LPG, the remaining is imported by private companies.
The state-owned Bangladesh Petroleum Corporation (BPC) is seeking an international partner to form a joint venture for construction and operation of import-based LPG storage, bottling and distribution plant at Mongla in southern Bagerhat district, Energy Division official said.
The government plans to increase the import volume of annual Liquefied Petroleum Gas (LPG) to 120,000 tonnes from existing 20,000 metric tonnes to cater to the mounting demand of the fuel, said officials.
The LP Gas Ltd, a subsidiary of the state-owned Bangladesh Petroleum Corporation (BPC), has floated an international tender seeking expression of interests (EOIs) from interested firms for selecting a joint venture partner. The EOI submission deadline is February 16.
The demand for LPG in Bangladesh soared last year owing to its use as an auto fuel.
This trend is expected to gather more pace as the government has suspended fresh supply of piped natural gas to several types of consumers forcing them to turn to LPG.
The plant will have storage tanks of 8,000 mt capacity, 5,000 deadweight tonnage jetty, facility to fill up 2,880 domestic LPG cylinders per hour, large filling cylinders filling system etc, sources said.
The minimum annual production capacity of the plant should be 100,000 tonnes. The LP Gas Ltd would short-list interested firms and issue request for proposal (RfP) documents to submit final bid, sources said.
LPG consumption in 2015 stood at 200,000 tonnes, which rose to 300,000 tonnes in 2016 and is expected to increase further this year.
The government has adopted a strategy to popularise LPG consumption across the country instead of piped natural gas amid depleting gas reserves.
At present, the commercial sector consumes around 27 million cubic feet per day (mmcfd) of natural gas, which is around 1.0 per cent of the country’s overall gas output of around 2,700 mmcfd.
The Ministry of Power, Energy and Mineral Resources, however, estimated that the actual demand of LPG could be around 500,000 tonnes with consumers using kerosene and wood as alternatives to LPG due to lack of availability.
The LP Gas Ltd produces 20,000 tonnes of LPG, the remaining is imported by private companies.
