RPGCL launches new spot LNG cargo tender

RPGCL said in a tender document on Tuesday that the delivery windows are May 22-23, June 5-6, and June 19-20.

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

The tender will close on April 27.

Before this tender, RGPCL invited bids on April 16 for three spot LNG cargoes with deliveries during May 22-23, June 5-6, and June 12-13.

This means that RPGCL invited bids again for the May 22-23 and June 5-6 deliveries.

According to local media reports, Bangladesh approved the purchase of one spot LNG cargo from a unit of Vitol.

Prior to that, the country approved the purchase of two spot LNG cargoes from TotalEnergies and Gunvor.

Media reports also suggest that Qatar agreed to renew a recently expired memorandum of understanding on LNG supply for Bangladesh and work on technical details for a proposed land-based LNG terminal in Bangladesh.

Qatar is already the largest LNG supplier to Bangladesh via long-term LNG deals.

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.

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