Two more LNG terminals planned to meet Bangladesh’s growing power demand

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They will take five years to complete, State Minister for Power Nasrul Hamid told a seminar in Dhaka on Sunday.

A LNG terminal is being constructed at Moheshkhali in Cox’s Bazar.

“We’re planning to build two onshore LNG terminals in Chittagong and Khulna,” Hamid said.

State-run Petrobangla has signed an agreement with a foreign company to set up the Moheshkhali LNG terminal that will have a capacity of 138,000 cubic feet of liquid natural gas.

Officials hope to get 500 cubic feet of gas daily from this floating terminal once commissioned.

BUET’s Prof M Tamim presented the keynote paper at the seminar titled ‘Energy Challenge 2030’.

He said the government planned to produce 34,000MW from various energy sources by 2030.

Oil and coal will account for 17,000MW each and gas for 8,500MW, while 6,800MW will come from nuclear, renewable and other sources, he added.

“Producing 34,000MW yearly will cost the government about $16 billion,” he noted.

But State Minister Hamid shrugged off Tamim’s doubts, saying the government was following a plan.

“There are issues to be decided upon but we’re moving ahead,” he said.

He said the government was considering importing gas but ruled out procuring coal for now.

“Coal can be used in the future,” Hamid added.

Source: bdnews24