BSS, Dhaka :
The government is going ahead with a plan for establishing a mega plant for bottling, supplying and marketing of liquefied petroleum gas (LPG) to ease the ever increasing household demand for natural gas.
With an annual capacity of bottling 1,00,000 tons of LPG, the plant will be established under the Public Private Partnership (PPP) at Kumira or any other suitable place in Chittagong district. Besides bottling, the plant will have jetty and pipeline for getting supply of LPG and tank for its storage.
Secretary of Energy and Mineral Resources Division of Power, Energy and Mineral Resources Ministry Abu Bakar Siddique told BSS that the initiative had already been taken to appoint a consultant for the project.
Already, he said, the Cabinet Committee on Economic Affairs approved in principle the proposal of the Energy Ministry to set up the LPG bottling plant under the PPP.
According to the proposal, the state-owned Bangladesh Petroleum Corporation (BPC) will set up the plant under PPP involving Taka 248.41 crore. It will also need Taka 22.08 crore for development of 10 acres of land. The plant will require a working capital of Taka 78.10 crore in the first year besides the project cost.
The plant will import LPG from Singapore, Malaysia, Saudi Arabia, United Arab Emirates (Abu Dhabi) and Kuwait for bottling.
“If we set up the LPG bottling plant, it will help reduce the dependency on the traditional piped gas supply and help meet the demand for LPG gas,” Siddique added.
Currently, 1,00,000 tons in bottles are being marketed by public and private companies against the annual demand of 5,00,000 tons. Of the 1,00,000 tons, two state- owned plants – one at Patenga in Chittagong and another at Koilashtila in Sylhet – are sourcing 20,000 tons of bottled LPG a year. The remaining 80,000 tons of LPG is being imported and bottled by a number of private companies.
The government is going ahead with a plan for establishing a mega plant for bottling, supplying and marketing of liquefied petroleum gas (LPG) to ease the ever increasing household demand for natural gas.
With an annual capacity of bottling 1,00,000 tons of LPG, the plant will be established under the Public Private Partnership (PPP) at Kumira or any other suitable place in Chittagong district. Besides bottling, the plant will have jetty and pipeline for getting supply of LPG and tank for its storage.
Secretary of Energy and Mineral Resources Division of Power, Energy and Mineral Resources Ministry Abu Bakar Siddique told BSS that the initiative had already been taken to appoint a consultant for the project.
Already, he said, the Cabinet Committee on Economic Affairs approved in principle the proposal of the Energy Ministry to set up the LPG bottling plant under the PPP.
According to the proposal, the state-owned Bangladesh Petroleum Corporation (BPC) will set up the plant under PPP involving Taka 248.41 crore. It will also need Taka 22.08 crore for development of 10 acres of land. The plant will require a working capital of Taka 78.10 crore in the first year besides the project cost.
The plant will import LPG from Singapore, Malaysia, Saudi Arabia, United Arab Emirates (Abu Dhabi) and Kuwait for bottling.
“If we set up the LPG bottling plant, it will help reduce the dependency on the traditional piped gas supply and help meet the demand for LPG gas,” Siddique added.
Currently, 1,00,000 tons in bottles are being marketed by public and private companies against the annual demand of 5,00,000 tons. Of the 1,00,000 tons, two state- owned plants – one at Patenga in Chittagong and another at Koilashtila in Sylhet – are sourcing 20,000 tons of bottled LPG a year. The remaining 80,000 tons of LPG is being imported and bottled by a number of private companies.
