6th October 2025
EP Report

The government will conduct a feasibility study for building a new floating-storage and regasification unit (FSRU) at Moheshkhali island in the Bay of Bengal with a capacity of 4.50 million tonnes per year (MTPA).

 

"The state-owned Petrobangla has already decided to engage the state-run Infrastructure Investment Facilitation Company (IIFC) to carry out the feasibility study within the shortest possible time," said a senior Petrobangla official.

 

The IIFC, an enterprise of the Economic Relations Division under the Ministry of Finance, is expected to complete the feasibility study within the next couple of months, he said.

 

Several international companies, along with their local partners, have already submitted proposals to Petrobangla as well as the Energy and Mineral Resources Division (EMRD) under the Ministry of Power, Energy and Mineral Resources (MPEMR) for building the proposed FSRU on Moheshkhali island near the two existing and operational FSRUs.

 

"We may award the job of building a new FSRU for Bangladesh on completion of the feasibility study," he said.

 

According to officials, the interim government has taken a fresh move to build a new FSRU on Moheshkhali island after scrapping a deal with the Summit Group to build a similar terminal at the same place, said sources.

 

Last year, the EMRD instructed Petrobangla to take steps in this regard.


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