Tokyo Gas Gets Bangladesh LNG Terminal Feasibility Study Contract

Reuters

TOKYO, July 27 (Reuters) - Tokyo Gas Co said on Thursday its wholly owned unit Tokyo Gas Engineering Solutions Corp has got an order to conduct a feasibility engineering study at an onshore liquefied natural gas (LNG) receiving terminal in Bangladesh.

The order that was jointly won with engineering consultant Nippon Koei Co was awarded by state-run Bangladesh Oil, Gas & Mineral Corporation (Petrobangla), Tokyo Gas said in a statement.

Bangladesh plans to start importing LNG next year, and its demand for gas is expected to accelerate in the coming years.

Petrobangla has signed preliminary deals for two more LNG terminals and a memorandum of understanding with Swiss commodity merchant AOT Energy for help lining up supplies.

(Reporting by Osamu Tsukimori; Editing by Vyas Mohan)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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