Monday, December 5 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    More LNG terminals on the cards


    September 19, 2022 - New Nation

     

      Dhaka, Sept. 19 -- Prime Minister's Energy Adviser Tawfiq-e-Elahi Chowdhury has said the dependence on imported liquefied natural gas (LNG) would continue some more time as there is no immediate possibility of gas exploration from the country's offshore areas.

      "So, the government has taken an initiative to set up more floating storage and re-gasification units (FSRUs) across the country", he told a webinar, organised by the Bangladesh Energy Society (BES), on Sunday in the city, reports UNB.

      FSRU is an LNG terminal used to import gas in liquefied form and then re-gasified there before releasing it to the local supply network.

      The energy adviser said more sites are being selected in Payra of Patuakhali and Bhola to set up land-based LNG terminals in addition to the existing two FSRUs in Moheshkhali Island of Cox's Bazar.

      He noted that Prime Minister Sheikh Hasina has already instructed officials to sign long-term deals to import more LNG.

      Currently, Bangladesh has long term-contracts with Qatar and Oman to import LNG while it also buys liquefied gas from international spot markets on a short-term basis.

      BES president and former principal secretary Abul Kalam Azad made a presentation at the virtual seminar titled: "Present Energy Crisis - Way Forward for Bangladesh" while eminent energy expert Professor Mohammad Tamim, president of Bangladesh Solar and Renewable Energy Association (BSREA) Dipal Barua, chairman of Energy Standing Committee of FBCCI Humayun Rashid, president of Bangladesh Independent Power Producers' Association (BIPPA) Imran Karim, director of Summit Group Mohammed Faisal Karim Khan addressed on occasion.

      Former chairman of Bangladesh Power Development Board (BPDB) and BES vice president ASM Alamgir Kabir presided over the event.

      Tamim said it would not be wise to take a concrete decision depending on the current energy crisis as it may not continue for long.

      "Rather, there should be short, medium and long term measures to ensure energy security of the country", he opined.

      Dipal Barua said that renewable energy could play a vital role in the current energy crisis. He mentioned that he came to his village home in Raojan where there was no electricity from 8 am to 12:30 pm.

      Humayun Rashid FBCCI leader and CEO of Energypac Power Generation Ltd, which has set up a number of private power plants, said no other ministry should talk about the current power and energy crisis as it creates unrest among the people.

      "We're passing our best ever time in electricity generation", he claimed.

      BIPPA president Imran Karim said the role of the private sector in power generation is increasing and it is contributing 33 per cent of electricity to the country. Published by HT Digital Content Services with permission from The New Nation. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.