Dhaka, Thursday, August 16, 2018 02:07 AM   
     
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
LATEST >
বাংলা সংস্করণ
   
Marubeni keen to set up LNG terminal in Bangladesh

A Japanese company-- Marubeni Asean Private Limited-- is keen to invest for setting up a Liquefied Natural Gas (LNG) terminal in port city of Chittagong in Bangladesh.

A delegation led by Marubeni`s ASEAN and South-west Asian Affair executive official Shoji Kuwayama expressed its interest at a meeting when they called on Industries Minister Amir Hossain Amu at the Industries Ministry in Dhaka, said a press release on Wednesday.

The terminal would jointly be constructed by Bangladesh Chemical Industries Corporation (BCIC) and Marubeni at the port city and the terminal would be run by importing natural gas from Malaysia.

During an hour-long meeting, the Marubeni delegation also expressed interest to invest in fertilizer, paper board, power and LNG sectors in Bangladesh.

The industries minister lauded Marubeni`s effort to investment in industry sector, terming Bangladesh as the best place for investment in South Asia.

Amu said the Bangladesh government is providing different incentives, including cash incentives and tax-exemption to foreign investors.

He also asked the Marubeni delegation members to provide a coordinated plan for investing paper board, power and fertilizer sectors side by side with setting up LNG terminal.

He assured them that the government would consider it after getting a specific investment proposal in this respect.

Describing Karnaphuly Fertilizer Factory (KAFCO) as one of the successful ventures of Japanese investment in Bangladesh, the industries minister urged the Marubeni officials to come forward with such joint investment in industries.

Industries Ministry additional secretary Begum Parag, Marubeni`s regional general manger Toru Kabeya, deputy general manager Kunio Negishi and its Dhaka office general manger Hidehiro Kunu and BCIC senior officers were present at the meeting.

Print Friendly and PDF

   You may also like

Category: Gas
National grid gets additional 16mmcfd of gas from Habiganj field

Category: Gas
Petronet submits proposal to set up $1 billion LNG terminal in Bangladesh

Category: Gas
Imported LNG supply to nat’l grid rescheduled for Aug 8

Category: Gas
Imported LNG to be supplied from July 4

Category: Gas
Gas supply shortage hits Ctg city hard

Category: Gas
Govt moves to drill 108 wells in onshore blocks

Category: Gas
City’s gas crisis likely to linger despite move to add more gas to nat’l grid

Category: Gas
‘Hearing on proposal for fresh gas price hike begins June 11’

Category: Gas
Bangladesh imports 1m tonnes LNG from Oman
     
    RECENT STORIES   MOST READ
    FOLLOW US ON FACEBOOK
    Recent Gas Stories
National grid gets additional 16mmcfd of gas from Habiganj field
Petronet submits proposal to set up $1 billion LNG terminal in Bangladesh
Imported LNG supply to nat’l grid rescheduled for Aug 8
Imported LNG to be supplied from July 4
Gas supply shortage hits Ctg city hard
Govt moves to drill 108 wells in onshore blocks
City’s gas crisis likely to linger despite move to add more gas to nat’l grid
‘Hearing on proposal for fresh gas price hike begins June 11’
Bangladesh imports 1m tonnes LNG from Oman
Bangladesh, Oman to sign deal for LNG today


Explore the energynewsbd.com
Home
Energy World
Opinion
Environment
Others
Energy BD
Green Energy
Interview
Business
Archive
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy