Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Bangladesh Signs Deal With Indonesia for LNG Imports

byCT Report
17/02/2018
in Latest News
Share on FacebookShare on Twitter

You might also like

New, simple electricity bill format launched

17/06/2026

FCC declares property tax regime ‘confiscatory’

17/06/2026

DHAKA: Bangladesh signed an agreement with Indonesia on Sunday (29/01) to open talks on imports of liquefied natural gas, as the South Asian country turns to the supercooled fuel to fill a shortfall of domestic natural gas. A letter of intent was signed between two state energy companies, Petrobangla and Pertamina, after a meeting between Bangladeshi Prime Minister Sheikh Hasina and President Joko “Jokowi” Widodo, who arrived in Dhaka on Saturday.  Bangladesh, a country of more than 160 million people, may import 17.5 million tons of LNG a year by 2025, as its domestic gas reserves dwindle and demand grows. Petrobangla is finalizing several floating storage and regasification units, the first of which is expected to commence operations in April 2018. In September, Bangladesh signed its first ever LNG import deal with Qatar, underscoring the rise of South Asia as a new market for the fuel. Jokowi’s visit comes as Bangladesh is struggling to cope with an influx of around 688,000 Rohingya refugees who have fled an army crackdown in Myanmar’s Rakhine state since last August. “He reiterated his country’s support to the safe, dignified return of the displaced persons to the Rakhine State,” a joint statement said after Jokowi visited a refugee camp in the Cox’s Bazar region of southern Bangladesh. Hasina “appreciated Indonesia’s supportive role, including the humanitarian assistance for the displaced persons from Rakhine State sheltered in Bangladesh,” the statement said. Myanmar and Bangladesh agreed earlier this month to complete a voluntary repatriation of the refugees in two years.The plan has sparked fears in refugee camps in Bangladesh that people may be forced to return despite a lack of guarantees around their security. Witnesses have reported killings, looting and rape after the Myanmar army cracked down in response to militant attacks on security forces in Rakhine.

Related Stories

New, simple electricity bill format launched

byCT Report
17/06/2026

ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...

FCC declares property tax regime ‘confiscatory’

byCT Report
17/06/2026

ISLAMABAD: The Federal Constitutional Court has held that Section 7E of the Income Tax Ordinance, 2001, was effectively illusory and...

Punjab proposes higher sales tax on restaurant payments via cards

byCT Report
17/06/2026

LAHORE: The Punjab government has proposed an increase in sales tax on restaurant payments made through digital channels under the...

Pakistan’s tech exports hit record $4.2b in 11MFY26: Khurram Schehzad

byCT Report
17/06/2026

ISLAMABAD: Advisor to the Finance Minister, Khurram Schehzad said on Wednesday that Pakistan’s information technology sector achieved a record export...

Next Post

Switzerland sets out guidelines to support initial coin offerings

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.