Bangladesh eyes more spot-LNG over long-term supplies

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By LNG World News Illustration purposes only (Image courtesy of Excelerate Energy)Negotiations between Bangladesh and Qatar on the long-term LNG supply contract has entered final stages with the importer eyeing lower volumes in favor of spot supplies.
Currently, Bangladesh would purchase less than 4 million tons of LNG per year, Reuters reports the manager of Petrobangla’s LNG unit, Kazi Mohammad Anwarul Azim as saying.
Currently, the state-owned company is close to securing a deal for about 2.5 million tons of LNG with deliveries starting in early 2018.
According to Azim, the country intends to mix the long-term and spot-LNG supplies in order to ensure supply security and

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