Dhaka, Aug. 31 -- OQ Trading International of Oman is planning to construct a floating storage and regasification unit (FSRU) in Moheshkhali in the Bay of Bengal in order to address the country's LNG regasification capacity constraints.

The company has already submitted a proposal to state-run Petrobangla to build the FSRU having a capacity of around 3.75 million tonnes per year under the build-own-operate-and-transfer (BOOT) arrangement.

"We've received a proposal from the OQ Trading to build an FSRU and are currently scrutinising it," Petrobangla Chairman Md Reznur Rahman told The Financial Express on Saturday.

Officials said Bangladesh requires more FSRUs and land-based liquefied natural gas (LNG) import terminals to expand regasifi...