BD inks LNG deal with US co to buy 5.0 MTPA
US's Argent LNG has inked a non-binding agreement with the government of Bangladesh to supply up to 5.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG).The Bangladesh Investment Development Authority (BIDA) on Saturday announced the signing of a transformative Heads of Agreement (HOA) between the government of Bangladesh...
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MIGA offers mega-financing plan for LNG import
A new avenue for Bangladesh in LNG supply is about to open up as World Bank Group's outfit MIGA has made financing proposal to facilitate the energy import from overseas market to feed its growing fuel demand, sources said Saturday.Following the proposal placed by the Multilateral Investment Guarantee Agency (MIGA),...
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Tender floated to import two cargoes of spot LNG
State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated a fresh tender to purchase two spot LNG cargoes for February 27-28 delivery window.The bid winners will deliver the LNG cargoes at Moheshkhali island in the Bay of Bengal, with options to discharge the cargoes at either of the country's two...
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Defer LDC graduation by 3 years: BCI
President of the Bangladesh Chamber of Industries (BCI) Anwar-Ul-Alam Chowdhury has issued an urgent call to stabilise Bangladesh's fragile economy, urging a three-year deferral of its planned graduation from Least Developed Country (LDC) status.At a press conference held at the BCI office in Dhaka's Tejgaon on Saturday, Mr Chowdhury highlighted...
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Tk 21b mooted to maintain rural roads
The Local Government Division (LGD) has drafted a Tk 20.99-billion project proposal to maintain 91,080 kilometres of rural roads across the country.It also aims at providing livelihood for 45,540 underprivileged women.Each woman employed for the job will earn a daily wage of Tk 300, with Tk 100 to be paid...
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Metro rail service again disrupted for over 5 hours
The city's metro rail service faced disruptions again on Saturday afternoon due to a technical issue near Uttara, forcing authorities to operate trains partially between Motijheel and Pallabi for over five hours.The metro service from Motijheel to Uttara was fully restored at 6:51pm after resolving the technical issue.Sources said train...
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