Kutubdia LNG Terminal (Petronet)
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Kutubdia LNG Terminal (Petronet) is a cancelled (confirmed) LNG import terminal in Bangladesh.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Kutubdia LNG Terminal (Petronet) | Kutubdia Island, Cox's Bazar, Chittagong, Bangladesh[1] | 21.816667, 91.858333 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Kutubdia LNG Terminal (Petronet) | import[2] | cancelled (confirmed)[3] | 7.5 mtpa | 7.5 mtpa | False | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Kutubdia LNG Terminal (Petronet) | import[2] | US$633,333,333[4] | US$633,333,333 |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Kutubdia LNG Terminal (Petronet) | import[2] | cancelled (confirmed)[3] | – | – | – | –[5][5] | 2021 (cancelled)[6] |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Kutubdia LNG Terminal (Petronet) | import[2] | cancelled (confirmed)[3] | Petronet LNG [100%][4] | Petronet LNG [100.0%] | – |
Background
Kutubdia Island has a natural harbour with a good draft and a natural breakwater that's ideal for setting up a LNG terminal. The proposed terminal is beside Bangladesh's proposed Matarbari LNG Terminal in Moheshkhali Island of the Cox's Bazar district of Anwara, Chittagong.[7] The Kutubdia LNG terminal, to be set up on the build-own-operate basis, will supply gas to power plants.[7] Kutubdia LNG includes proposals to import gas by barge and truck to off-grid customers in Bangladesh.[8]
In December 2016, Bangladesh government-owned Petrobangla signed an initial agreement with India government-owned Petronet to set up an LNG regasification terminal on Kutubdia Island and a pipeline. The estimated cost is US$950 million.[9][10] During Petrobangla's FY 2017-2018, a feasibility study related to the terminal's installation was completed.[11]
In February 2019 Petronet announced that it was delaying development of the project. The project was therefore considered shelved.[12]
As of 2021, there have been no projects updates in over two more years since it was shelved, and the project is considered cancelled.
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ https://www.google.com/maps/place/21%C2%B049'00.0%22N+91%C2%B051'30.0%22E/@21.816667,91.8557581,1072m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d21.816667!4d91.858333?entry=ttu&g_ep=EgoyMDI1MDgxMy4wIKXMDSoASAFQAw%3D%3D.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 https://economictimes.indiatimes.com/industry/energy/oil-gas/petronet-submits-proposal-to-set-up-1-billion-lng-terminal-in-bangladesh/articleshow/65162361.cms.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 https://www.business-standard.com/article/economy-policy/petronet-s-lng-terminal-plan-in-bangladesh-put-on-the-back-burner-119021101445_1.html.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 http://www.thedailystar.net/business/govt-set-two-land-based-lng-terminals-1420258.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.0 5.1 (PDF) https://www.ifri.org/sites/default/files/atoms/files/cornotgandolphe_new_emerging_lng_markets_2018.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.business-standard.com/article/economy-policy/petronet-s-lng-terminal-plan-in-bangladesh-put-on-the-back-burner-119021101445_1.html; https://www.business-standard.com/article/economy-policy/petronet-s-lng-terminal-plan-in-bangladesh-put-on-the-back-burner-119021101445_1.html https://www.business-standard.com/article/economy-policy/petronet-s-lng-terminal-plan-in-bangladesh-put-on-the-back-burner-119021101445_1.html; https://www.business-standard.com/article/economy-policy/petronet-s-lng-terminal-plan-in-bangladesh-put-on-the-back-burner-119021101445_1.html; https://www.business-standard.com/article/economy-policy/petronet-s-lng-terminal-plan-in-bangladesh-put-on-the-back-burner-119021101445_1.html.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ 7.0 7.1 "Petronet submits proposal to set up $1 billion LNG terminal in Bangladesh" The Economic Times, July 27, 2018.
- ↑ "Quenching the Indian subcontinent’s thirst for LNG" LNG World Shipping, June 26, 2017.
- ↑ "Govt to set up two land-based LNG terminals" The Daily Star, June 15, 2017.
- ↑ "Moheshkhali to have largest LNG plant" Bangladesh Post, Aug. 3, 2017.
- ↑ 2018 Annual Report Petrobangla, accessed December 2019.
- ↑ Shine Jacob, Petronet's LNG terminal plan in Bangladesh put on the back burner, Business Standard, Feb. 11, 2019
