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Project Insights

Japan JV may build Bangladesh LNG terminal

Japan’s Jera and Bangladesh’s Summit Group signed a memorandum of understanding last week that makes them strong contenders to develop Bangladesh’s first onshore LNG terminal Japan’s Jera and Bangladesh’s Summit Group signed a memorandum of understanding last week that makes them strong contenders to develop Bangladesh’s first onshore LNG terminal.
By Andrew Walker 6 June 2019 Asia Pacific / LNG 0 34286
Summit and Jera executives and Bangladeshi officials at the signing ceremony. (Summit)

The key issue: Japan’s Jera and Bangladesh’s Summit Group signed an agreement last week that will see the two companies collaborate on energy projects in Bangladesh.

Interfax analysis: The memorandum of understanding (MOU) signed between Japan’s Jera and Bangladesh-based Summit Group last week to cooperate on the construction of a port at Matarbari in Bangladesh could make them frontrunners to build the country’s first onshore LNG terminal.

The companies said they will collaborate on “large energy infrastructure” projects that include the port, which would...