More 8 firms to import LNG for Bangladesh

The government has taken an initiative to sign deals with eight more international companies so that they can supply liquified natural gas or LNG to Bangladesh.

The number of companies listed for the bidding will increase to 24 once the deals are signed in line with a proposal cleared by a cabinet committee.

Petrobangla has placed the proposal to sign the master sales and purchase agreements.

The eight firms are LNG Japan Corporation, Socar Trading of the US, Posco International Corporation of South Korea, Qatar Energy Trading, Inpex Corporation of Japan, and Singapore's Pavilion Energy Trading and Supply, Petrochina International and PTT International.