The government plans to establish three additional floating storage and regasification units (FSRUs) at Payra, Mongla, and Hiron Point by 2029 to expand Bangladesh's Liquefied Natural Gas (LNG) import capacity, says Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood.
The government had already ordered one new FSRU and was conducting feasibility studies for the three proposed terminals while seeking investors, he said recently while speaking as the chief guest at a discussion.
Titled "Navigating Bangladesh's Energy Crisis: Immediate Priorities and the Path to a Sustainable Energy Future", the event was organized by the Centre for Policy Dialogue (CPD) in the capital.
"We are studying these locations -- Payra, then Mongla and Hiron Point -- and we are inviting investors," Mahmood said.
The minister said the recent fire at one of Bangladesh's two existing FSRUs had exposed the risks of depending on limited LNG infrastructure.
