Liquefied natural gas (LNG)

The Floating Storage Regasification Unit (FSRU) operated by Summit in the Bay of Bengal is vital for Bangladesh's gas supply. However, both it and the FSRU operated by Excelerate Energy face security concerns due to a lack of dedicated surveillance. Operators have long sought government security support, but progress on essential measures has stalled since April despite annual meetings. Photo: SUMMIT POWER INTERNATIONAL WEBSITE
Energy

Inadequate security for FSRUs threatens gas supply chain

While land-based facilities can be quickly secured by law enforcement, the FSRUs, which supply a significant portion of the country’s gas, remain at risk of disruption due to their remote location

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

OPEC cuts 2024, 2025 global oil demand growth view again

Photo: Collected
Energy

Another deal inked with Oman to increase LNG import

LNG tankers are to supply gas to the EU in the future to replace Russian gas.Image: Lex van Lieshout/ANP/AFP/Getty Images
Economy

Bangladesh's RPGCL seeks fourth LNG cargo this year for April delivery

Representational image. Photo: Reuters
World+Biz

World's dash for natural gas endangers climate goals -report

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato
Global Economy

Europe, Asia gas buyers switching to long-term supplies to beat volatile prices

Traders work at the New York Stock Exchange (NYSE) in New York, US, January 2, 2020. REUTERS/Bryan R Smith
Global Economy

Excelerate Energy soars in first big US market debut since Ukraine invasion

Summit to build 3rd LNG floating storage, regasification unit in Moheshkhali
Energy

Summit to build 3rd LNG floating storage, regasification unit in Moheshkhali

Govt mulls turning abandoned Sangu field into underground LNG storage
Energy

Govt mulls turning abandoned Sangu field into underground LNG storage

A liquified natural gas (LNG) tanker leaves the dock after discharge at PetroChina's receiving terminal in Dalian, Liaoning province, China July 16, 2018. REUTERS/Chen Aizhu//File Photo
Global Economy

China looks to lock in US liquefied natural gas in energy crunch

Govt continues LNG import at high prices to fulfil contracts
Energy

Govt continues LNG import at high prices to fulfil contracts

Bangladesh 2nd to China in LNG demand growth in Asia
Energy

Bangladesh 2nd to China in LNG demand growth in Asia