The government has selected 8 global firms to construct the first ever land-based LNG terminal to supply natural-gas to the Matarbari business hub. The terminal has a capacity to handle 7.5 million tonnes of liquefied natural gas every year.
These firms are Japan’s Mitsui & Co Ltd; Japan Investment Corporation for Matarbari Regas Terminal, a joint venture of Inpex Corporation, Sojitj Corpora-tion, Kyushu Elecrtric Power Co and local Unique Hotel and Resorts Ltd; joint venture of Total Gas Electric Holdings and Total Gas and Power Business Service of France; Petronet LNG Ltd; joint venture of Qatar Petroleum LNG Services and Exxon Mobil of Qatar; joint venture of local Summit Corporation Ltd, Mitsubishi Corporation, and Jera Co Inc and joint venture of United Enterprises & Co Ltd, Posco International Corp and Korea Gas Corporation and the consortium of Sumitomo Corporation and Chugoko Electric Power Co. Inc.
About 12 firms submitted expression of interest (EOIs) to the Energy and Mineral Resources Division (EMRD) under the Ministry of Power, Energy and Mineral Resources (MPEMR).
Out of the 8 firms one will be selected as the contractor to implement the project. However, under the contract, the company would operate and maintain the terminal for 20 years.