Petronet LNG plans to set up Rs 5000 crore terminal in Bangladesh: Repot

Petronet LNG, one of the leading oil and gas producers in the country, is planning to set up Rs 5000 crore LNG import terminal at Kutubdia islands in Bangladesh. Kutubdia islands has a natural harbor with good draft and a natural breakwater, idle for setting up LNG terminal. The company proposed to construct 5 million tons per annum capacity LNG import terminal.  Besides Bangladesh, the company has also proposed to set up 1 MT LNG terminal in Sri Lanka to meet local demand. 

Petronet LNG, one of the fastest growing world-class companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. The company is at the forefront of India's all-out national drive to ensure the country's energy security in the years to come.