Indonesia, Bangladesh Sign Initial Energy Agreement
09.18.2017 - NEWS

September 18, 2017 [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.

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry Learn more.

Australia's Woodside Energy Makes Liz Westcott Its Permanent CEO
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Australia’s Woodside Energy on Wednesday named Liz ​Westcott as... Read More
US Lends Oil Companies 45.2 Mln Barrels from Reserve, First Batch of Iran War
03.23.2026 - NEWS
March 23, 2026 [Reuters]- The Trump administration said on Friday it ​has lent 45.2 million bar... Read More
China's Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
03.23.2026 - NEWS
March 23, 2026 [Reuters]- China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8... Read More
Saudi Aramco Cuts Oil Supply to Asia for Second Month in April
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Saudi Aramco, the world’s top oil exporter, has cut crude supply ... Read More