Bangladesh’s first permanent land-based LNG terminal project has stalled after the Rupantorito Prakritik Gas Company Ltd (RPGCL) canceled the short-listing of bidders due to an interim government directive to halt all energy project negotiations. Planned for Matarbari, Cox’s Bazar, the terminal aims to reduce reliance on expensive floating storage and regasification units (FSRUs). Despite initial plans dating back to 2014, the project has faced delays from land acquisition issues and private-sector lobbying for FSRUs. The government intended to purchase land from the Coal Power Generation Company Bangladesh Ltd, but the transfer has yet to occur due to unpaid amounts. Experts stress the need for the land-based terminal as a more cost-effective and stable solution for LNG regasification compared to temporary FSRUs, of which Bangladesh currently operates two, with a capacity of 1,100 million cubic feet per day (mmcfd).