India’s H-Energy signs LNG deal with Bangladesh’s state-run Petrobangla
India’s H-Energy, a natural gas company, said late on Wednesday it had signed a memorandum of understanding (MoU) with Bangladesh’s state-run Petrobangla for the supply of re-gasified liquefied natural gas (LNG).
It added that both firms will finalise a long-term supply agreement to start the supply of LNG to Bangladesh through a cross-border natural gas pipeline.
H-Energy said it has been authorised by the Petroleum and Natural Gas Regulatory Board (PNGRB), a regulatory body in India, to build, own and operate the pipeline.
The Kanai Chhata-Shrirampur natural gas pipeline will connect H-Energy’s LNG terminal in West Bengal, passing through various regions of the state and connecting to the Bangladesh border, it added.
