Vitol in'pole position’ to win Bangladesh LNG tender after bidding lowest price – report

摘要

Vitol is “likely to win” a tender to supply Bangladesh’s state-owned gas company with 138,000 cubic meters (cm) of LNG, after the Dutch trader put in the cheapest bid among 14 shortlisted companies, according to reports. Bangladesh is seeking to capitalise on low LNG prices, with imports in July reaching their highest since the country first started importing LNG in 2018. Vitol’s Asian unit is expected to win a tender to supply state-owned Petrobangla subsidiary Rupantarita Prakritik Gas Company with 138,000 cm of lean LNG, between 30 September and 8 October, energy officials told Reuters. Vitol “placed the lowest offer,” one Petrobangla official was quoted as saying. Four out of 14 shortlisted traders submitted bids for the tender, Reuters said.