2 Bay sites identified for floating LNG terminal

http://www.newagebd.com/2010/mar/11/busi.html#4

2 Bay sites identified for floating LNG terminal
Staff Correspondent

A US-based company has apprised the government that a ‘floating terminal’ for emergency import of liquefied natural gas could be installed in the Bay of Bengal within 10-14 months.

The government has primarily selected two sites near two Bay of Bengal islands.

Officials of the Excelerate Energy, which is required to participate in a tender for installation of the terminal, made a presentation on the company’s views on installation at a meeting at the power and energy ministry on Wednesday.

Ministry high ups including the prime minister’s adviser, Tawfiq-e-Elahi Chowdhury, and the state minister, Md Enamul Haque, and the company officials on Tuesday visited some locations in the Bay to identify a site for installation of the terminal for unloading of liquid gas.

The team that also included Petrobangla and Power Development Board officials, primarily selected two sites near Matarbari and Moheskhali islands for installation of a terminal that would supply around 500 million cubic feet of gas per day to the national grid.

The company officials said that one of four kinds of floating LNG terminal – two having undersea gas transmission line and two others with floating line — could be installed in the Bay, according to officials.

Petrobangla chairman Hossain Mansur told New Age that they had learnt about the company position. ‘More companies will come to make presentation on what they have to offer. We will go for tender once we complete learning from different companies.’

Petrobangla officials said that draft of water, around 30 meters, near Moheshkhali would be suitable for installation of a terminal.

The terminal would transform the imported LNG into gas and then the gas would be supplied through an 85 kilometre long and a 30-inch diametre pipeline to the national grid in Chittagong.

Mansur said that the World Bank was interested in funding a feasibility study for installation of a LNG terminal.

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