Govt Procures 10 LNG Cargos in September

Ten cargo loads of LNG reached Bangladesh as part of government procurement process for September to meet demands for the liquefied gas, officials said.

officials at the state-run Petrobangla said that in line with the government’s long and short term agreements with overseas LNG producers and on the spot procurement policy the 10 LNG filled cargoes were received in September.

of the cargos QatarEnergy provided four cargos under a long term agreement, Oman’s OQ Trading (OQT) supplied two — one under long term and one under short term agreements. Four other LNG filled cargos were procured from spot market to ensure smooth energy supply in the country while the government procured 11 LNG cargos having around 3.65 crore MMBTu in August.

according to routine practices the government approves LNG procurement decisions in weekly meetings reviewing the liquefied gas demands.

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