Dhaka, March 3 -- Bangladesh's state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) intends to buy two MORE spot LNG cargoes for March 09-10 March 15-16 delivery windows to meet mounting demand during Ramadan.
The RPGCL has already floated tenders and is awaiting evaluation.
It earlier cancelled two spot LNG cargo tenders for March 10-11 delivery windows due to poor response and high price quotes from the bidders.
If these two tenders become successful, Bangladesh will be able to bag three spot LNG cargoes for March deliveries.
The government has planned to buy a total of four spot LNG cargoes for March delivery windows to meet the mounting energy demand especially during the month of Ramadan.
Energy demand will go up during Ramad...
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