MOU
Petronet signs pact to set up LNG project in Bangladesh
NEW DELHI . Petronet has signed an agreement to set up a $950 million liquefied natural gas import project in Bangladesh.
Petronet signed a MoU with with Petrobangla to set up a 7.5 million tonnes a year project to receive and regasify LNG on Kutubdia Island in Cox’s Bazar and lay a 26-km pipline to connect it to the consumption markets.
“We intend to start marine survey work this month and are targeting 2020 for completion of the project,” Petronet LNG CEO and Managing Director Prabhat Singh told PTI here.
Singh signed the memorandum of understanding with Petrobangla secretary Syed Ashfaquzzaman on December 30.
Read Also : Miner's Day celebrated with great enthusiasm at SECL
News Must Read
- WAPCOS became second Indian PSU in ADB Consulting
- Power Grid appoints Satyaprakash Dash as CS and Compliance Officer
- GE Power received orders from two state-owned PSUs and one JV entity
- SAIL-RITES JV bags Rs 818 crore wagon order from Indian Railways
- BHEL enters into Strategic Partnership Agreement with HIMA for Railway Signalling Business
- SJVN bids farewell to Smt. Geeta Kapur, CMD and Director (Personnel)
- Nilendu Kumar Singh assumes charge of CMD, CCL
- IndianOil Q4 Results: Profit plunges 52% YoY to Rs 4,838 crore
- REC Limited declares financial results, records highest ever annual net profit
- NHPC Limited to collaborate with Norwegian company