Bangladesh seeks first LNG supply deals via Swiss commodity merchant

Bangladesh seeks first LNG supply deals via Swiss commodity merchant

Bangladesh has picked Swiss commodity merchant AOT Energy to help line up supplies of liquefied natural gas (LNG) on its behalf from mid-2018, showing how new buyers are emerging to soak up a gas glut.

AOT said in a statement that under a memorandum of understanding signed on Tuesday, the company would tee up supply deals for state-run Petrobangla.

U.S. shipping company Excelerate Energy will install Bangladesh’s first floating LNG import terminal at Moheshkhali,which is due to begin accepting cargoes in May next year. Read More…

 

 

 

Credit By: ET Energy World

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