Govt plans to import 3000mmcfd LNG by 2041

Staff Correspondent

12 August, 2020 12:00 AM printer

The government is contemplating to import 3000 million cubic feet per day (MMCFD) LNG by 2041 with the view to fulfilling the local demand.

Former Director of Petrobangla Md Quamruzzaman shared it at a virtual seminar on the occasion of National Energy Security Day’20 recently.

At present the government is importing 650mmcfd LNG through FSRU, and 1500 MMCFD LNG will be imported by 2025, said Quamruzzaman while presenting the keynote paper.

“The government is looking forward to importing 2000 MMSCFD LNG by 2030,” he added.

Speaking at the occasion, Energy and Mineral Resources Division Senior Secretary Md Anisur Rahman said, “Currently, we are producing 2500mmcfd-2550mmcfd natural gas in local gas fields whereas the demand is more or less 3250 mmcfd,” said Anisur Rahman,

The rest of the demand will be met through LNG import, according to him.   

“We are importing LNG under two separate spot contracts. Of them, we are planning to bring seven cargos by December and another 14 cargos within June, 2021,” he added.