Petrobangla gets approval to sign two long-term LNG deals
Petrobangla gets approval to sign two long-term LNG deals
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Natural Gas News
Petrobangla gets approval to sign two long-term LNG deals
Summary
State-owned Petrobangla is expected to sign deals with Summit Oil and Shipping Company and Excelerate Energy.. by: Shardul Sharma
The Bangladesh government has granted approval to state energy company Petrobangla for two separate long-term LNG purchase agreements, as reported by the national news agency Bangladesh Sangbad Sangs...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.