Bangladesh signs long term LNG deal with Qatar
Bangladesh has signed a 15-year agreement with Qatar for importing 1.8 million metric tonnes (MMT) of liquefied natural gas (LNG) every year.
As per the new deal, Bangladesh will get additional 1.8 MMT of LNG per year, which will start in 2026.
This new LNG Sale and Purchase Agreement between Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) and QatarEnergy Trading, LNG trading arm of QatarEnergy, was signed at QatarEnergy headquarters in Doha.
Bangladesh already has a deal with the Gulf country which was signed on 25 September, 2017, for a 15-year period, providing a supply of 1.8-2.5 MTPA of LNG.
From the start of deliveries on 9 September, 2018, until 31 May, 2022, Petrobangla has received 11.746 million tonnes of LNG through 191 LNG cargoes successfully.
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