Bangladesh’s RPGCL seeks three spot LNG shipments

Bangladesh's Rupantarita Prakritik Gas (RPGCL), a unit of state-owned Petrobangla, is seeking three spot liquefied natural gas (LNG) cargoes for delivery in May.

RPGCL said in a tender document that the delivery windows are May 1-2, May 10-11, and May 16-17.

The firm issued the tender to the 22 organizations that have signed the MSPA (master sale and purchase agreement) with Petrobangla.

The tender will close on April 6.

Before this tender, RGPCL invited bids on March 18 for two spot LNG cargoes with deliveries during April 14-15 and April 23-24.

Previous local media reports suggested that Bangladesh bought four spot LNG cargoes for delivery in March, with the suppliers including Exclerate Energy, TotalEnergies, and Gunvor.

Last week, reports also said that Bangladesh approved the purchase of two spot LNG cargoes for April delivery from Gunvor and TotalEnergies.

The prices are reportedly at $14.08/MMBtu and $14.42/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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