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RasGas signs 15-year LNG supply deal with Bangladesh

RasGas signs 15-year LNG supply deal with Bangladesh
Qatar's RasGas has signed a 15-year LNG sale and purchase agreement with Bangladesh.

RasGas has inked a contract with Bangladesh Oil, Gas and Corporation (Petrobangla) to LNG to supply 2.5m tonnes a year of LNG for its FSRU near Moheshkhali Island, Bangladesh.

“Reliable access to energy plays a vital role in driving socio-economic growth, and RasGas has fulfilled our promise to safely and reliably provide this access for more than two decades,” said Al Muhannadi. “Bangladesh has very ambitious growth plans and this landmark partnership between our two countries will support Bangladesh as it strives to achieve its 2021 and 2040 development goals.”

Petrobangla chairman, Abdul Mansur Md Faizullah, commented: “LNG would play a vital role in the growth of the Bangladesh economy, and we are happy to enter into this historic partnership with Qatar, a long-trusted friend.”