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Another LNG terminal at Payra in the offing

  • Published at 10:21 pm December 18th, 2017
Another LNG terminal at Payra in the offing
State-owned Rupantarita Prakritik Gas Company Limited (RPGCL) has invited expressions of interest (EoI) from prospective bidders to set up a liquefied natural gas (LNG) terminal at Payra maritime port area in Patuakhali. RPGCL Managing Director Engineer Md Quamruzzaman told the Dhaka Tribune that the terminal, known as a floating storage and regasification unit (FSRU), would be constructed on a BOOT (build, own, operate, transfer) basis. BOOT is a public-private partnership (PPP) project model in which a private organisation carries out a large development project under contract with a public-sector partner, such as a government agency.
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“After getting EoIs from the bidders, we will prepare a shortlist,” Quamruzzaman said. After that, we will seek request for proposal (RFP) documents and other relevant papers from only the shortlisted firms.” The last date for submission of EoI for the new terminal is January 30, 2018. The interested company may either be a single entity or joint venture of more than one firms and sub-contractor or associate firms may also be included, if necessary, as per the EoI document. According to the EoI, the terminal company shall conduct all kind of necessary surveys including MetOcean, geophysical and geo-technical, along with navigation, sloshing, mooring and environmental impact assessment design.
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It will also have to take care of the proposed terminal’s engineering, material procurement, construction and commissioning, and the operation of a 5.5 Mtpa FSRU-based terminal for the receiving, unloading, storage and regasification of LNG. The proposed FSRU will have to have a storage capacity of 170,000 to 216,000 cubic meters of LNG and regasification capacity of 750 mmcfd. The company shall also construct necessary marine facilities, a sub-sea gas pipeline of at least 30 inches in diameter, and interconnecting facilities with GTCL national gas transmission pipeline.
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Over the next 18 months, the government will also build another floating terminal at Moheshkhali Island in the Bay of Bengal for the importing of LNG, so that the country does not face any energy crisis because of shortfall in supply. The state/run energy provider Petrobangla has signed two separate deals with two firms – US-based Excelerate Energy and local conglomerate Summit Group – in an effort to build the first ever LNG terminal in Bangladesh