Bangladesh Considers Importing Iranian Piped Gas Instead of LNG

Bangladesh could join the Iran-Pakistan-India (IPI) gas pipeline for importing gas to meet the growing domestic demand, Bangladeshi Finance Minister Abul Maal Abdul Muhith said.

“If the IPI pipeline is extended up to India, then we can also think of it,” said the minister.

He also stated that it is better to import gas through pipeline instead of importing liquefied natural gas (LNG), Iran’s SHANA news agency reported.

“Iran, Turkmenistan and Tajikistan are the major gas-rich countries in Asia,  so it is better to go for energy cooperation with those countries,” he said after the conclusion of a two-day Joint Economic Commission (JEC) meeting between Bangladeshi and Iranian officials in Dhaka.

Mehdi Ghazanfari, Iran’s minister for industry, mines and trade, who led the Iranian team to the meeting, said that Tehran agreed to support Bangladesh in oil, gas and energy sectors.

“It is quite possible for Iran to export gas,” Ghazanfari added.

The possibility of importing LNG from Iran was also discussed in the meeting.

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LNG World News Staff, May 20, 2013; Image: NIGC