Bangladesh's state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated one fresh tender and re-issued one to purchase two spot LNG cargoes respectively for April 23-24 and April 14-15 delivery windows.
Earlier, it awarded two spot LNG tenders for early April delivery windows.
The bid winners will deliver the cargoes at either of the country's two floating storage re-gasification units (FSRUs), located on Moheshkhali island.
The RPGCL reissued a tender for April 14-15 delivery as it did not find a suitable offer, said a senior RPGCL official.
The RPGCL, a wholly-owned subsidiary of state-run Bangladesh Oil, Gas, and Mineral Corporation, or Petrobangla, looks into LNG trades in Bangladesh.
The volume of the spot LNG cargoes will be around 3.36 million MMBtu each.
Bangladesh bought four spot LNG cargoes for March delivery windows, which is the highest purchase of LNG from the spot market in a month.
Riding on high volume of LNG imports, Bangladesh's LNG re-gasification reached the highest level ever at 1,022 million cubic feet per day last week, according to official data of Petrobangla.
The previous highest RLNG was recorded on April 20, 2024 when the country re-gasified around 1,005 mmcfd during the heat wave in last summer. The RPGCL might continue buying high volumes of spot LNG cargoes for the next several months to meet the summer demand.
Bangladesh previously awarded its latest spot LNG cargo tender to TotalEnergies Gas and Power Ltd for April 12-13 delivery window at US$14.22 per million British thermal unit (MMBtu).
Apart from spot LNG cargoes Bangladesh has been importing LNG from its two existing long term LNG suppliers - Qatargas and OQ Trading International - for re-gasification in its two operational FSRUs.
Azizjst@yahoo.com
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