Anisul Islam Noor :
The country’s businessmen want gas as soon as possible for their industries, no matter whatever its price is.
To maintain the country’s current pace of the economic growth, industry needs more gas whether it comes in the form of bottled, liquefied or pipe lined.
But the process of gas import or extraction from local sources does not meet desirable amount.
About 2000 industries and business establishment are sitting idle. Some of them have become load defaulters before production begins.
In this circumstances, the businessmen, once again expressed their cravings for gas in a view exchange program recently in the capital. It was organized prior to formulating an action plan on the issues of gas supply to the industries as a priority basis while the Liquefied Natural Gas (LNG) will be imported.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that a long term and precise action plan would be composed for the upcoming LNG mixed situation.
A sustainable price adjusting system will help the businessmen plan for the future, he added. He also said that the Petrobangla should charge the businessmen properly in accordance with the pressure of the gas that they’ve got from the distributor.
The minister also urged Petrobangla to solve all these industry related gas supply issues and make a long term planning on determining the gas price.
The state minister further stated that the government won’t make business with the businessmen through LNG or gas, rather the government will try to assure that the businessmen are getting gas at a fare price.
Sources closed to LNG import claimed that Excelerate Energy will import 500 mcf LNG in April, 2018; Summit will import 500 mcf in October of the same year, Relience will import 500 mcf in June, 2019, Hongkong Sanghai Manjala will import 500 mcf of LNG in June 2020.
Besides, 2 miniature Floating Storage Regasification Unit (FSRU) are likely to be built by using the jetties of Kafco and CUFL. Sources claimed that out of total 13, 10 companies submitted their primary proposals in order to distribute LNG.
The government signed MoU with Petronet of India, HOC of China and Sembcorp of Singapore to build five land based LNG terminals at different places of Payra and Maheshkhali.
The government have also signed MoUs with Rasgas of Qatar, Gunvor of Singapore, Oman Trading International of Oman, Pertamina of Indonesia and Astra Oils of Switzerland to import LNG from them.
Very recently the cabinet committee on economic affairs gave approval to Petrobangla to use jetties of Chittagong Urea Fertiliser Limited (CULF) and Karnaphuli Fertiliser Company Limited (KAFCO) and a platform in the Bay of Bengal of Sangu, the country’s first offshore gas field.
The interested companies are PTC Corporation, Panama City & SKE & S Korea, Trafigura Pte Ltd (Singapore), Pavilion Energy (Singapore), Gunvor (Singapore) and Exmar Marine NV (Belgium), ExxonMobil LNG Market Development Inc (USA), Petronas LNG Ltd (Malaysia), Marubeni Corporation, JERA & K-Line (Japan), Wison Offshore & Marine (China), Hemla Energy AS (Norway) and MIE Holding Corporation (USA).
Petrobangla will buy LNG once the companies import it after constructing necessary infrastructure.
The official said Petrobangla has been examining the proposals of these companies and as a part of this signed an initial agreement with the Singapore-based company.
The country’s businessmen want gas as soon as possible for their industries, no matter whatever its price is.
To maintain the country’s current pace of the economic growth, industry needs more gas whether it comes in the form of bottled, liquefied or pipe lined.
But the process of gas import or extraction from local sources does not meet desirable amount.
About 2000 industries and business establishment are sitting idle. Some of them have become load defaulters before production begins.
In this circumstances, the businessmen, once again expressed their cravings for gas in a view exchange program recently in the capital. It was organized prior to formulating an action plan on the issues of gas supply to the industries as a priority basis while the Liquefied Natural Gas (LNG) will be imported.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that a long term and precise action plan would be composed for the upcoming LNG mixed situation.
A sustainable price adjusting system will help the businessmen plan for the future, he added. He also said that the Petrobangla should charge the businessmen properly in accordance with the pressure of the gas that they’ve got from the distributor.
The minister also urged Petrobangla to solve all these industry related gas supply issues and make a long term planning on determining the gas price.
The state minister further stated that the government won’t make business with the businessmen through LNG or gas, rather the government will try to assure that the businessmen are getting gas at a fare price.
Sources closed to LNG import claimed that Excelerate Energy will import 500 mcf LNG in April, 2018; Summit will import 500 mcf in October of the same year, Relience will import 500 mcf in June, 2019, Hongkong Sanghai Manjala will import 500 mcf of LNG in June 2020.
Besides, 2 miniature Floating Storage Regasification Unit (FSRU) are likely to be built by using the jetties of Kafco and CUFL. Sources claimed that out of total 13, 10 companies submitted their primary proposals in order to distribute LNG.
The government signed MoU with Petronet of India, HOC of China and Sembcorp of Singapore to build five land based LNG terminals at different places of Payra and Maheshkhali.
The government have also signed MoUs with Rasgas of Qatar, Gunvor of Singapore, Oman Trading International of Oman, Pertamina of Indonesia and Astra Oils of Switzerland to import LNG from them.
Very recently the cabinet committee on economic affairs gave approval to Petrobangla to use jetties of Chittagong Urea Fertiliser Limited (CULF) and Karnaphuli Fertiliser Company Limited (KAFCO) and a platform in the Bay of Bengal of Sangu, the country’s first offshore gas field.
The interested companies are PTC Corporation, Panama City & SKE & S Korea, Trafigura Pte Ltd (Singapore), Pavilion Energy (Singapore), Gunvor (Singapore) and Exmar Marine NV (Belgium), ExxonMobil LNG Market Development Inc (USA), Petronas LNG Ltd (Malaysia), Marubeni Corporation, JERA & K-Line (Japan), Wison Offshore & Marine (China), Hemla Energy AS (Norway) and MIE Holding Corporation (USA).
Petrobangla will buy LNG once the companies import it after constructing necessary infrastructure.
The official said Petrobangla has been examining the proposals of these companies and as a part of this signed an initial agreement with the Singapore-based company.
