RPGCL launches new spot LNG cargo tender

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

According to a tender document posted on RPGCL’s website, RPGCL is seeking two cargoes for Delivery in December.

The delivery windows for the spot LNG cargoes are December 20-21 and December 27-28.

RPGCL issued the tender to “23 organizations that we have signed the MSPA (master sale and purchase agreement) with Petrobangla.”

The tender will close on November 17.

Prior to this tender, RPGCL invited bids for three spot LNG cargoes, with deliveries scheduled for December 7-8, December 14-15, and December 20-21.

This means that RPGCL reissued the tender for the December 20-21 delivery.

In addition to this new tender, Bangladesh is working to expand its list of potential LNG suppliers.

RPGCL issued an invitation for enlistment to international firms to sign up as a potential LNG supplier of spot cargoes.

“The interested LNG suppliers may either be a single or joint venture (JV) of more than one firm or as a consortium,” RPGCL said.

The closing date for submitting applications is December 1, 2024.

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.

Launched in 2018, the FSRU-based terminal completed its 100th STS transfer offshore Bangladesh in 2021.

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

In September, Summit said the FSRU was ready to resume sendout to the grid in Bangladesh after it sustained damage on May 27 during cyclone Remal.

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