LNG ain’t happening11 Feb 2019 18:28
https://wap.business-standard.com/article/economy-policy/petronet-s-lng-terminal-plan-in-bangladesh-put-on-the-back-burner-119021101445_1.html
Petronet LNG's plan to build a liquefied natural gas (LNG) facility at Maheshkhali island in Cox's Bazar district of Bangladesh through a government-to-government deal has been put on the back burner.
Bangladesh has instead asked India to bid in the ongoing round for an LNG regasification terminal at Matarbari, also Cox’s Bazar. An expression of interest (EoI) was floated in January.
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This comes after Petronet LNG managing director Prabhat Singh last month said the company would not bid for the Matarbari project and instead wanted a bilateral deal on the Maheshkhali terminal.
Bir Bikram Tawfiq-e-Elahi Chowdhury, advisor (minister) to Prime Minister Sheikh Hasina for power, energy and mineral resources affairs, told Business Standard that though Petronet had submitted a feasibility report to set up a terminal at Maheshkhali, the country cannot afford it and has no appetite for so many terminals at one go. "We cannot have so many land-based terminals. We have made this clear to Indian Petroleum Minister Dharmendra Pradhan. We have sought the participation of Petronet in the land LNG terminal (at Matarbari) during our meeting," said Chowdhury, who met Pradhan on the sidelines of the Petrotech-2019 in Greater Nodia on Monday.