Bangladesh’s RPGCL issues new LNG cargo tender

Bangladesh's Rupantarita Prakritik Gas (RPGCL), a unit of state-owned Petrobangla, is seeking two spot LNG cargoes for delivery in March.

According to a tender document posted on RPGCL’s website, the delivery windows are March 9-10 and March 15-16.

RPGCL issued the tender to “the 16 organizations that have signed the MSPA (master sale and purchase agreement) with Petrobangla.”

The tender will close on March 2.

Before this tender, RGPCL invited bids on February 6 for two spot LNG cargo with delivery during March 10-11.

The firm invited new bids for these deliveries in a tender issued on February 11 and for a delivery on March 5-6.

RPGCL then again launched a tender for these same delivery windows on February 18 and this tender closed on February 23.

According to local media reports this week, Bangladesh approved a purchase of one LNG cargo from a unit of TotalEnergies.

The price is reportedly at $16.43/MMBtu.

Bangladesh currently imports LNG via two FSRU-based facilities, both of which feature Excelerate Energy’s FSRUs.

The 138,000-cbm FSRU Excellence serves Bangladesh’s first LNG import facility, Moheshkhali Floating LNG or MLNG, operated by Petrobangla.

Excelerate’s 138,000-cbm FSRU Summit LNG serves as the second LNG import facility operated by Summit.

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