Indonesia, Bangladesh sign initial energy agreement Indonesia, Bangladesh sign initial energy agreement just now | 0 Views ...
Indonesia, Bangladesh sign initial energy agreement just now | 0 Views Jakarta (ANTARA News) - Energy and Mineral Resources Minister Ignasius Jonan and Bangladeshi State Minister for Electricity and Mineral Resources Nasrul Hamid signed a memorandum of understanding on energy infrastructure and trade here on Friday.
Bangladesh was keen to discuss possible development of liquefied natural gas (LNG) receiving terminal and infrastructure in that country.
The agreement says about possible supply of LNG from Indonesia, and the Indonesian government will facilitate discussion between Bangladeshi buyers and LNG producers in Indonesia.
The agreement may provide foundation for cooperation between Indonesian energy company PT Pertamina and its Bangladeshi counterpart Petrobangla and other related companies that may lead to LNG supply from Indonesia to Bangladesh, Jonan said.
Minister Nasrul Hamid expressed thanks for the cooperation that would help Bangladesh cope with crisis in gas supply.
Under the agreement, Pertamina has an opportunity to build LNG receiving terminal in Bangladesh including Floating Storage and Regasification Unit (FSRU), mooring and infrastructure of off-loading, sub-sea and onshore gas pipe to natural gas grid.
Earlier, Oil and Director General Ego Syahrial said Indonesia , there are still cargoes of LNG in stocks and the stock is growing. (*)
- Indonesia, Bangladesh sign initial energy agreement just now
- Indonesia`s trade balance gains US$1.72 billion in surplus just now
- Freeport`s divestment process to be wrapped up in 2019: Luhut 14th September 2017
- Jonan denies reports on LNG import from Singapore 13th September 2017
- Rupia h strengthens 8 points to close at Rp13,192 per dollar 13th September 2017
- ASEAN to promote trade with Russia and EAEU 13th September 2017
- Indonesia assures sustainable palm oil industry development 12th September 2017
- ASEAN, Hong Kong conclude negotiations on free trade agreement 12th September 2017
No comments