Qatar proposes to install 1000MW power plant at Moheskhali

http://www.daily-sun.com/details_Qatar-proposes-to-install-1000MW-power-plant-at-Moheskhali_164_1_3_1_0.html

Qatar proposes to install 1000MW power plant at Moheskhali
The JV project would be based on LNG

Shamim Jahangir

The state of Qatar has proposed the government to set up a 1,000-megawatt liquefied natural gas (LNG) based power plant at Moheskhali islands of Cox’s Bazar district under a joint-venture initiative with Bangladesh, senior government officials said.

A high-powered visiting team of Qatar led by its Assistant Minister for International Cooperation Affairs, Sheikh Ahmed Bin Mohammed Bin Jabr Al Thani, made the initial proposal during a bilateral meeting with senior government officials at Hotel Sonargaon in Dhaka on May 27.

During the meeting, Fawaz A Al Bakar Raf-Al, who is involved with LNG projects of Qatar, said, “Qatar is interested to invest in the joint venture power project without participating in competitive bidding process.”

“Then both Bangladesh and Qatar would settle the investment and power tariff issues to set up the mega project on the basis of build, own and operate,” he said.

The power plant might be installed under the joint venture or Independent Power Producer (IPP) mode subject to agreement between the two parties, Additional Power Division Secretary M Mofazzel Hossain told daily sun.

In the meeting, Fawaz A Al Bakar Raf-Al requested the Power Division officials here to send necessary documents to his country for setting up the plant.

Gulf state Qatar is one of the largest LNG producers in the world, with which the government has already signed a Memorandum of Understanding (MoU) to procure LNG.

Earlier, in August, 2010, the government had formed a LNG taskforce on the installation of a LNG terminal. The taskforce is likely to extend its deadline till June 10 for submitting its bidding documents for the country’s first LNG terminal at Moheshkhali in the Bay of Bengal.

Bermuda-based Golar LNG Energy, a joint venture of the USA-based Astra Oil and Excelerate Energy, South Korea’s Samsung C&T Corporation, and India’s Hiranandani Electricity, were short listed by the government for the project, involving about one billion dollars. The government wants the terminal to have a capacity of handling 5.0 million tonnes of LNG per year, re-gasification capacity of at least 500 million cubic feet per day (mmcfd) and berthing and mooring facilities for LNG ships of 138,000-260,000 cubic metres.

The country’s on-going gas crisis is around 500 mmcfd against the demand of over 2,500 mmcfd.

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2 responses to “Qatar proposes to install 1000MW power plant at Moheskhali

  1. Md. Zaker Husain

    Its a very timely and significant report. Thanks for the information.

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