Bangladesh’s RPGCL launches tender for three spot LNG cargoes

Bangladesh's Rupantarita Prakritik Gas (RPGCL), a unit of state-owned Petrobangla, has issued a new tender for three spot liquefied natural gas (LNG) cargoes.

According to a tender document, the delivery windows are October 6-7, October 19-20, and October 21-22.

The firm issued the tender to the 23 organizations that have signed the MSPA (master sale and purchase agreement) with Petrobangla.

The tender closes on August 17.

Before this tender, RGPCL invited bids on August 6 for three spot LNG shipments with deliveries during September 10-11, October 8-9, and October 19-20.

Local media reports suggest that Bangladesh approved the purchase of two spot LNG cargos this week.

The reports claim that Petrobangla will buy one LNG cargo from Aramco Trading Singapore for $11.970/MMBtu.

In addition, Petrobangla will purchase the second LNG cargo from PetroChina International (Singapore) for $11.970/MMBtu, the reports said.

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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